PPP Loan Data — Dental Whale, LLC, Sunrise, FL
Dental Whale, LLC is a limited liability company (LLC) located at 13621 Nw 12 Street Suite 120 in Sunrise, Florida that received a Coronavirus-related PPP loan from the SBA of $3,120,500.00 in April, 2020.
$ PPP Loan Information
Lender:CITY NATIONAL BANK OF FLORIDA
Dental Whale, LLC in Sunrise, FL received a Paycheck Protection Loan of $3.12M through CITY NATIONAL BANK OF FLORIDA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Dental Whale, LLC's total 2019 payroll expenses were approximately $14.98M in order to qualify for the PPP loan amount received.
Based on their reported 221 jobs retained, this equals an estimated average yearly compensation of $67,776 per employee1.
Business Information - Dental Whale, LLC in Sunrise, FL
13621 Nw 12 Street Suite 120
Sunrise, FL 33323
Office Administrative Services (NAICS code 561110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-23
Similar Companies near Sunrise
In the Sunrise area, 16 businesses in the "Office Administrative Services" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 221) and received an average PPP loan of $223,039 (compared to this company's $3.12M).
Similar Nearby Businesses Who Received PPP Funding:
Onsite Wastewater Management LLC
South Florida Rental Property Man
Estrin Asset Management Inc
Litho Print Management Group
Route Management Group
Inverrary Management LLC
Actitrust Wealth Management LLC
Expert Business Solutions, Inc.
Industry PPP Comparison Statistics
Nationwide, 18,417 businesses in the "Office Administrative Services" industry received a total of $1,762,719,177.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 9 employees, 96% lower than Dental Whale, LLC's reported 221 employees, and received an average PPP loan of $95,712, 97% lower than this company's loan of $3.12M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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