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PPP Loan Data — Ecode Consulting LLC,
Tampa, FL
Ecode Consulting LLC
Entity: Limited Liability Company (LLC)
Industry: All Other Professional, Scientific, and Technical Services
Location: Tampa, FL
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Ecode Consulting LLC is a limited liability company (LLC) located at 12077 Citrus Falls Cir Apt 106 in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $101,837.00 in January, 2021.
The company has reported itself as a White male owned business, and employed at least eight people during the applicable loan loan period.
$
PPP Loan Information
Loan #3273428302
Loan Size:
Jobs Retained:
8Loan Approved:
2021-01-21Loan Status:
Ongoing LoanLender:
Bank of America, National AssociationEcode Consulting LLC in Tampa, FL received a Paycheck Protection Loan of $101,837 through Bank of America, National Association, which was approved in January, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Ecode Consulting LLC's 2019 payroll expenses are estimated to be at least $488,818.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $61,102 per employee1
Reported PPP Proceed Usage:
On the PPP application, Ecode Consulting LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $101,837
Business Information - Ecode Consulting LLC in Tampa, FL
12077 Citrus Falls Cir Apt 106
Tampa, FL 33625
Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990
Business Owner Demographics
Race: White
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Tampa
In the Tampa area, 95 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 8) and received an average PPP loan of $31,410 (compared to this company's $101,837).
Similar Nearby Businesses Who Received PPP Funding:
Ocfo, LLC
Tampa, FL
Rideout Corp
Tampa, FL
Evo360
Tampa, FL
Brawl Call, LLC
Tampa, FL
FA Specialized Services Inc
Tampa, FL
Franklin Garcia
Tampa, FL
Tabatha Tilka-Main
Tampa, FL
Pedro Suarez
Tampa, FL
Ramon Montes De Oca
Tampa, FL
Industry PPP Comparison Statistics
Nationwide, 128,283 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.38B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 38% lower than Ecode Consulting LLC's reported 8 employees, and received an average PPP loan of $57,491, 44% lower than this company's loan of $101,837.
Ecode Consulting LLC
Entity: Limited Liability Company (LLC)
Industry: Other Management Consulting Services
Location: Tampa, FL
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Ecode Consulting LLC is a limited liability company (LLC) located at 12077 Citrus Falls Circle in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $101,221.00 in May, 2020.
The company has reported itself as a White male owned business, and employed at least nine people during the applicable loan loan period.
$
PPP Loan Information
Loan #7171197709
Loan Size:
Jobs Retained:
9Loan Approved:
2020-05-01Loan Status:
Ongoing LoanLender:
Bank of America, National AssociationEcode Consulting LLC in Tampa, FL received a Paycheck Protection Loan of $101,221 through Bank of America, National Association, which was approved in May, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Ecode Consulting LLC's 2019 payroll expenses are estimated to be at least $485,861.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $53,985 per employee1
Reported PPP Proceed Usage:
On the PPP application, Ecode Consulting LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $101,221
Business Information - Ecode Consulting LLC in Tampa, FL
12077 Citrus Falls Circle
Tampa, FL 33625
Business Industry:
Other Management Consulting Services
NAICS code 541618
Business Owner Demographics
Race: White
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: New Business or 2 years or less
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Tampa
In the Tampa area, 45 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 9) and received an average PPP loan of $103,437 (compared to this company's $101,221).
Similar Nearby Businesses Who Received PPP Funding:
Juan Espinal
Tampa, FL
Francesca Michelini
Tampa, FL
Public Sector Performance Associates LLC
Tampa, FL
Ozzy Emp LLC
Tampa, FL
Idea Consulting Group Incorporated
Tampa, FL
Interactive Advisors Corp
Tampa, FL
Bijal Shah
Tampa, FL
Auger Consulting Group LLC
Tampa, FL
JDS Facility Consultant & Training Solut
Tampa, FL
Industry PPP Comparison Statistics
Nationwide, 82,169 businesses in the "Other Management Consulting Services" industry received a total of $3.7B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 4 employees, 56% lower than Ecode Consulting LLC's reported 9 employees, and received an average PPP loan of $45,000, 56% lower than this company's loan of $101,221.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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