PPP Loan Data — Felix Holdings, LLC, Marlton, NJ
Felix Holdings, LLC is a limited liability company (LLC) located at 11 Eves Drive, Ste 150 in Marlton, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,083,755.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Felix Holdings, LLC received a Paycheck Protection Loan of $3.08M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Felix Holdings, LLC's total 2019 payroll expenses were approximately $14.8M in order to qualify for the PPP loan amount received.
Based on their reported 261 jobs retained, this equals an estimated average yearly compensation of $56,713 per employee1.
Business Information - Felix Holdings, LLC in Marlton, NJ
11 Eves Drive, Ste 150
Marlton, NJ 8053
Title Abstract and Settlement Offices (NAICS code 541191)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-03
Similar Companies near Marlton
In the Marlton area, 7 businesses in the "Title Abstract and Settlement Offices" industry received a PPP loan. These local businesses reported an average of 61 employees (compared to this company's 261) and received an average PPP loan of $977,243 (compared to this company's $3.08M).
Similar Nearby Businesses Who Received PPP Funding:
Mount Laurel, NJ
Southern United Title Agency, LLC
National Integrity LLC
Surety Lender Services, LLC
Full Spectrum Holdings LLC
Mount Laurel, NJ
Mortgage Lenders Service Inc
Industry PPP Comparison Statistics
Nationwide, 4,290 businesses in the "Title Abstract and Settlement Offices" industry received a total of $440,133,288.00 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 8 employees, 97% lower than Felix Holdings, LLC's reported 261 employees, and received an average PPP loan of $102,595, 97% lower than this company's loan of $3.08M.
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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