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PPP Loan Data — Eskape Investment LLC,
Miami Beach, FL
Eskape Investment LLC
Entity: Limited Liability Company (LLC)
Industry: Other Activities Related to Real Estate
Location: Miami Beach, FL
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Eskape Investment LLC is a limited liability company (LLC) located at 6080 Collins Ave in Miami Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $98,590.00 in March, 2021.
$
PPP Loan Information
Loan #7287238510
Loan Size:
Jobs Retained:
12Loan Approved:
2021-03-05Loan Status:
Ongoing LoanLender:
JPMorgan Chase Bank, National AssociationEskape Investment LLC in Miami Beach, FL received a Paycheck Protection Loan of $98,590 through JPMorgan Chase Bank, National Association, which was approved in March, 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, Eskape Investment LLC's 2019 payroll expenses are estimated to be at least $473,232.
Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $39,436 per employee1
Reported PPP Proceed Usage:
On the PPP application, Eskape Investment LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $98,588
- Utilities: $1
Business Information - Eskape Investment LLC in Miami Beach, FL
6080 Collins Ave
Miami Beach, FL 33140
Business Industry:
Other Activities Related to Real Estate
NAICS code 531390
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 2 other businesses that received a PPP loan registered to the same address as Eskape Investment LLC.
1201 Chelsea LLLP
Commercial and Institutional Building Construction
6080 Collins Manager LLC
Other Activities Related to Real Estate
Similar Companies near Miami Beach
In the Miami Beach area, 94 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 12) and received an average PPP loan of $18,735 (compared to this company's $98,590).
Similar Nearby Businesses Who Received PPP Funding:
Beachfront Realty Management Corp
Miami Beach, FL
Britton Hill Capital Group LLC
Miami Beach, FL
Greenbrier Partners LLC
Miami Beach, FL
Sebastian Casanova
Miami Beach, FL
Antoinette Roman
North Bay Village, FL
J&J Title Company, LLC
Miami Beach, FL
Lauren Weiner
Miami Beach, FL
Plethora Capital Inc
Miami Beach, FL
Industry PPP Comparison Statistics
Nationwide, 77,402 businesses in the "Other Activities Related to Real Estate" industry received a total of $3.64B 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, 67% lower than Eskape Investment LLC's reported 12 employees, and received an average PPP loan of $47,089, 52% lower than this company's loan of $98,590.
Eskape Investment LLC
Entity: Limited Liability Company (LLC)
Industry: Miscellaneous Intermediation
Location: Miami Beach, FL
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Eskape Investment LLC is a limited liability company (LLC) located at 6080 Collins Ave in Miami Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $122,000.00 in May, 2020.
$
PPP Loan Information
Loan #1116557710
Loan Size:
Jobs Retained:
30Loan Approved:
2020-05-01Loan Status:
Ongoing LoanLender:
JPMorgan Chase Bank, National AssociationEskape Investment LLC in Miami Beach, FL received a Paycheck Protection Loan of $122,000 through JPMorgan Chase Bank, 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, Eskape Investment LLC's 2019 payroll expenses are estimated to be at least $585,600.
Based on their reported 30 jobs retained, this equals an estimated average yearly compensation of $19,520 per employee1
Reported PPP Proceed Usage:
On the PPP application, Eskape Investment LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $97,600
- Rent: $24,400
Business Information - Eskape Investment LLC in Miami Beach, FL
6080 Collins Ave
Miami Beach, FL 33140
Business Industry:
Miscellaneous Intermediation
NAICS code 523910
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 2 other businesses that received a PPP loan registered to the same address as Eskape Investment LLC.
1201 Chelsea LLLP
Commercial and Institutional Building Construction
6080 Collins Manager LLC
Other Activities Related to Real Estate
Similar Companies near Miami Beach
In the Miami Beach area, 11 businesses in the "Miscellaneous Intermediation" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 30) and received an average PPP loan of $29,793 (compared to this company's $122,000).
Similar Nearby Businesses Who Received PPP Funding:
Envision Global Marketing
Miami Beach, FL
Expert Financing & Investments Inc
Miami Beach, FL
BB Products LLC
Miami Beach, FL
Real Estate Management Service Capital LLC
Miami Beach, FL
S&S Investments USA Inc
Miami Beach, FL
Ron Laviv, PA
Miami Beach, FL
Blumetrix Capital Corp
Miami Beach, FL
Kaveri Investment Management Company LLC
Miami Beach, FL
Industry PPP Comparison Statistics
Nationwide, 8,391 businesses in the "Miscellaneous Intermediation" industry received a total of $504.1M 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 9 employees, 70% lower than Eskape Investment LLC's reported 30 employees, and received an average PPP loan of $60,077, 51% lower than this company's loan of $122,000.
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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