FL

Falcon Farms, Inc.

Entity: Corporation

Industry: Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers

Location: Miami, FL

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Falcon Farms, Inc. is a corporation located at 2330 Nw 82 Ave in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $2,432,995.00 in April, 2020.

The company has reported itself as a Hispanic female owned business, and employed at least 463 people during the applicable loan loan period.

$ PPP Loan Information

Falcon Farms, Inc. in Miami, FL received a Paycheck Protection Loan of $2.43M through OCEAN BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Falcon Farms, Inc.'s total 2019 payroll expenses were approximately $11.68M in order to qualify for the PPP loan amount received.

Based on their reported 463 jobs retained, this equals an estimated average yearly compensation of $25,223 per employee¹.

Business Information - Falcon Farms, Inc. in Miami, FL

Similar Companies near Miami

In the Miami area, 38 businesses in the "Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 463) and received an average PPP loan of $325,437 (compared to this company's $2.43M).

Industry PPP Comparison Statistics

Nationwide, 2,374 businesses in the "Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers" industry received a total of $294,279,172.00 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 Falcon Farms, Inc.'s reported 463 employees, and received an average PPP loan of $123,959, 95% lower than this company's loan of $2.43M.