PPP Loan Data — Enrique E. Parra, Miami Lakes, FL
Enrique E. Parra is a sole proprietorship located at 14427 Nw 60th Ave in Miami Lakes, Florida that received a Coronavirus-related PPP loan from the SBA of $3,160,855.00 in April, 2020.
$ PPP Loan Information
Lender:TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
Enrique E. Parra received a Paycheck Protection Loan of $3.16M through TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Enrique E. Parra's total 2019 payroll expenses were approximately $15.17M in order to qualify for the PPP loan amount received.
Based on their reported 240 jobs retained, this equals an estimated average yearly compensation of $63,217 per employee1.
Business Information - Enrique E. Parra in Miami Lakes, FL
14427 Nw 60th Ave
Miami Lakes, FL 33014
Unlaminated Plastics Profile Shape Manufacturing (NAICS code 326121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-25
Industry PPP Comparison Statistics
Nationwide, 144 businesses in the "Unlaminated Plastics Profile Shape Manufacturing" industry received a total of $69,656,983.00 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 32 employees, 87% lower than Enrique E. Parra's reported 240 employees, and received an average PPP loan of $483,729, 85% lower than this company's loan of $3.16M.
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.
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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