PPP Loan Data — Florida Wildlife Hospital & Sanctuary Inc, Melbourne, FL
Florida Wildlife Hospital & Sanctuary Inc is a non-profit organization located at 4560 N Us Highway 1 in Melbourne, Florida that received a Coronavirus-related PPP loan from the SBA of $45,885.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
Florida Wildlife Hospital & Sanctuary Inc in Melbourne, FL received a Paycheck Protection Loan of $45,885 through JPMorgan Chase Bank, National Association, 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 Wildlife Hospital & Sanctuary Inc's 2019 payroll expenses are estimated to be at least $220,248.
Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $20,023 per employee1
Reported PPP Proceed Usage:
On the PPP application, Florida Wildlife Hospital & Sanctuary Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $44,885
- Utilities: $1,000
Business Information - Florida Wildlife Hospital & Sanctuary Inc in Melbourne, FL
4560 N Us Highway 1
Melbourne, FL 32935
Civic and Social Organizations
NAICS code 813410
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Melbourne
In the Melbourne area, 4 businesses in the "Civic and Social Organizations" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 11) and received an average PPP loan of $19,536 (compared to this company's $45,885).
Similar Nearby Businesses Who Received PPP Funding:
Victory Kid Sports LLC
Home Builders And Contractors Association Of Brevard, Inc
Greater Melbourne Police Athletic
Industry PPP Comparison Statistics
Nationwide, 18,550 businesses in the "Civic and Social Organizations" industry received a total of $2.6B 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 20 employees, 82% higher than Florida Wildlife Hospital & Sanctuary Inc's reported 11 employees, and received an average PPP loan of $140,085, 205% higher than this company's loan of $45,885.
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Footnotes & Information
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