PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Energy Air Inc, Orlando, FL

SBA PPP loan data, payroll data, and salaries for Energy Air Inc
FL

Energy Air Inc

Entity: Corporation

Industry: Offices of Other Holding Companies

Location: Orlando, FL

Search All PPP Data

Energy Air Inc is a corporation located at 5401 Energy Air Ct in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $4,510,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.51M

Jobs Retained:

437

Loan Approved:

2020-04-15

Lender:

NEWTEK SMALL BUSINESS FINANCE, INC.

Energy Air Inc in Orlando, FL received a Paycheck Protection Loan of $4.51M through NEWTEK SMALL BUSINESS FINANCE, INC., which was approved in April, 2020.

Based on standard PPP eligibility rules, Energy Air Inc's total 2019 payroll expenses were approximately $21.65M in order to qualify for the PPP loan amount received.

Based on their reported 437 jobs retained, this equals an estimated average yearly compensation of $49,544 per employee1.

Because the loan received by Energy Air Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Energy Air Inc in Orlando, FL

Energy Air Inc
5401 Energy Air Ct
Orlando, FL 32810

Business Industry

Offices of Other Holding Companies (NAICS code 551112)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: FL-10

Similar Companies near Orlando

In the Orlando area, 2 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 312 employees (compared to this company's 437) and received an average PPP loan of $3,275,450 (compared to this company's $4.51M).

Similar Nearby Businesses Who Received PPP Funding:

Mellick Group, LLC
Orlando, FL

$2.04M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 7,606 businesses in the "Offices of Other Holding Companies" industry received a total of $1,222,968,235.00 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 14 employees, 97% lower than Energy Air Inc's reported 437 employees, and received an average PPP loan of $160,790, 96% lower than this company's loan of $4.51M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/energy-air-inc-orlando-fl