PPP Loan Data — Florida Treasure Realty LLC, Tampa, FL
Florida Treasure Realty LLC is a limited liability company (LLC) located at 4327 W Bay To Bay Blvd in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Florida Treasure Realty LLC in Tampa, FL received a Paycheck Protection Loan of $25,000 through Centennial Bank, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Florida Treasure Realty LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Florida Treasure Realty LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Florida Treasure Realty LLC in Tampa, FL
4327 W Bay To Bay Blvd
Tampa, FL 33629
Lessors of Residential Buildings and Dwellings
NAICS code 531110
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Tampa
In the Tampa area, 4 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 2) and received an average PPP loan of $41,292 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Arcon Development Corporation
Garden Propertis LLC
Monthie Maritime Inc
Industry PPP Comparison Statistics
Nationwide, 28,867 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $2.03B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 300% higher than Florida Treasure Realty LLC's reported 2 employees, and received an average PPP loan of $70,456, 182% higher than this company's loan of $25,000.
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Footnotes & Information
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