PPP Loan Data — Florida Bc Holdings, LLC, Coral Gables, FL
Florida Bc Holdings, LLC
Entity: Limited Liability Company (LLC)
Location: Coral Gables, FLTweet This • Search All PPP Data
Florida Bc Holdings, LLC is a limited liability company (LLC) located at 2990 Ponce De Leon Blvd in Coral Gables, Florida that received a Coronavirus-related PPP loan from the SBA of $6,920,100.00 in April, 2020.
$ PPP Loan Information
Florida Bc Holdings, LLC in Coral Gables, FL received a Paycheck Protection Loan of $6.92M through CITIBANK, N.A., which was approved in April, 2020.
Based on standard PPP eligibility rules, Florida Bc Holdings, LLC's total 2019 payroll expenses were approximately $33.22M in order to qualify for the PPP loan amount received.
Based on their reported 458 jobs retained, this equals an estimated average yearly compensation of $72,525 per employee1.
Business Information - Florida Bc Holdings, LLC in Coral Gables, FL
2990 Ponce De Leon Blvd
Coral Gables, FL 33134
Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing (NAICS code 532412)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-27
Similar Companies near Coral Gables
In the Coral Gables area, 2 businesses in the "Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing" industry received a PPP loan. These local businesses reported an average of 230 employees (compared to this company's 458) and received an average PPP loan of $3,470,363 (compared to this company's $6.92M).
Similar Nearby Businesses Who Received PPP Funding:
ATZ Construction Inc
Industry PPP Comparison Statistics
Nationwide, 1,846 businesses in the "Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing" industry received a total of $463,210,891.00 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 16 employees, 97% lower than Florida Bc Holdings, LLC's reported 458 employees, and received an average PPP loan of $250,927, 96% lower than this company's loan of $6.92M.
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.
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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