FL Nonprofit Organization

Florida Democratic Party Building Fund, Inc.

Entity: Non-profit Organization

Industry: Public Relations Agencies

Location: Tallahassee, FL

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Florida Democratic Party Building Fund, Inc. is a non-profit organization located at 214 S. Bronough St in Tallahassee, Florida that received a Coronavirus-related PPP loan from the SBA of $780,000.00 in April, 2020.

$ PPP Loan Information

Florida Democratic Party Building Fund, Inc. received a Paycheck Protection Loan of $780,000 through NEWTEK SMALL BUSINESS FINANCE, INC., which was approved in April, 2020.

Based on standard PPP eligibility rules, Florida Democratic Party Building Fund, Inc.'s total 2019 payroll expenses were approximately $3.74M in order to qualify for the PPP loan amount received.

Based on their reported 100 jobs retained, this equals an estimated average yearly compensation of $37,440 per employee¹.

Business Information - Florida Democratic Party Building Fund, Inc. in Tallahassee, FL

Similar Companies near Tallahassee

In the Tallahassee area, 10 businesses in the "Public Relations Agencies" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 100) and received an average PPP loan of $113,563 (compared to this company's $780,000).

Industry PPP Comparison Statistics

Nationwide, 4,551 businesses in the "Public Relations Agencies" industry received a total of $426,960,917.00 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 6 employees, 94% lower than Florida Democratic Party Building Fund, Inc.'s reported 100 employees, and received an average PPP loan of $93,817, 88% lower than this company's loan of $780,000.