PPP Loan Data — Fyzical Acquisition Holdings, LLC, Sarasota, FL
Fyzical Acquisition Holdings, LLC
Entity: Limited Liability Company (LLC)
Location: Sarasota, FLTweet This • Search All PPP Data
Fyzical Acquisition Holdings, LLC is a limited liability company (LLC) located at 1751 Mound St in Sarasota, Florida that received a Coronavirus-related PPP loan from the SBA of $3,076,600.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WEBSTER BANK, NATIONAL ASSOCIATION
Fyzical Acquisition Holdings, LLC in Sarasota, FL received a Paycheck Protection Loan of $3.08M through WEBSTER BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Fyzical Acquisition Holdings, LLC's total 2019 payroll expenses were approximately $14.77M in order to qualify for the PPP loan amount received.
Unlike most businesses, Fyzical Acquisition Holdings, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Fyzical Acquisition Holdings, LLC in Sarasota, FL
1751 Mound St
Sarasota, FL 34236
All Other Professional, Scientific, and Technical Services (NAICS code 541990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-16
Similar Companies near Sarasota
In the Sarasota area, 31 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 0) and received an average PPP loan of $152,458 (compared to this company's $3.08M).
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Industry PPP Comparison Statistics
Nationwide, 63,722 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $4,746,522,934.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, and received an average PPP loan of $74,488, 98% lower than this company's loan of $3.08M.
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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