PPP Loan Data — Florida Peninsula Holdings LLC, Boca Raton, FL
Florida Peninsula Holdings LLC is a limited liability company (LLC) located at 903 Nw 65th St in Boca Raton, Florida that received a Coronavirus-related PPP loan from the SBA of $3,231,900.00 in April, 2020.
$ PPP Loan Information
Florida Peninsula Holdings LLC in Boca Raton, FL received a Paycheck Protection Loan of $3.23M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Florida Peninsula Holdings LLC's total 2019 payroll expenses were approximately $15.51M in order to qualify for the PPP loan amount received.
Based on their reported 202 jobs retained, this equals an estimated average yearly compensation of $76,798 per employee1.
Business Information - Florida Peninsula Holdings LLC in Boca Raton, FL
903 Nw 65th St
Boca Raton, FL 33487
Direct Property and Casualty Insurance Carriers (NAICS code 524126)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-22
Industry PPP Comparison Statistics
Nationwide, 4,105 businesses in the "Direct Property and Casualty Insurance Carriers" industry received a total of $356,353,782.00 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 7 employees, 97% lower than Florida Peninsula Holdings LLC's reported 202 employees, and received an average PPP loan of $86,810, 97% lower than this company's loan of $3.23M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!