PPP Loan Data — Gables Investment Solution LLC, Miami, FL
Gables Investment Solution LLC is a limited liability company (LLC) located at 13399 Nw 113 Ave Rd in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $24,875.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:TD Bank, National Association
Gables Investment Solution LLC in Miami, FL received a Paycheck Protection Loan of $24,875 through TD Bank, National Association, which was approved in April, 2020.
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, Gables Investment Solution LLC's 2019 payroll expenses are estimated to be at least $119,400.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $23,880 per employee1
Reported PPP Proceed Usage:
On the PPP application, Gables Investment Solution LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,875
Business Information - Gables Investment Solution LLC in Miami, FL
13399 Nw 113 Ave Rd
Miami, FL 33178
Other Activities Related to Real Estate
NAICS code 531390
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Miami
In the Miami area, 169 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 5) and received an average PPP loan of $26,424 (compared to this company's $24,875).
Similar Nearby Businesses Who Received PPP Funding:
Nereida E. Fonseca
Nutrimed International Corp
W. R. Limo LLC
Carlos De Guzman
Industry PPP Comparison Statistics
Nationwide, 79,334 businesses in the "Other Activities Related to Real Estate" industry received a total of $3.69B 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 4 employees, 20% lower than Gables Investment Solution LLC's reported 5 employees, and received an average PPP loan of $46,456, 87% higher than this company's loan of $24,875.
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Footnotes & Information
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