PPP Loan Data — Homes4Uu, The Travel Professionals, Inc, Kissimmee, FL
Homes4Uu, The Travel Professionals, Inc is a corporation located at 1120 Main St in Kissimmee, Florida that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Homes4Uu, The Travel Professionals, Inc in Kissimmee, FL received a Paycheck Protection Loan of $25,000 through Regions Bank, 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, Homes4Uu, The Travel Professionals, Inc'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, Homes4Uu, The Travel Professionals, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Homes4Uu, The Travel Professionals, Inc in Kissimmee, FL
1120 Main St
Kissimmee, FL 34741
All Other Traveler Accommodation
NAICS code 721199
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Kissimmee
In the Kissimmee area, 21 businesses in the "All Other Traveler Accommodation" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 2) and received an average PPP loan of $32,152 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Near To Disney Resort
OP Holdings, LLC
Maria Del Pilar Falu
Industry PPP Comparison Statistics
Nationwide, 30,922 businesses in the "All Other Traveler Accommodation" industry received a total of $1.29B 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 6 employees, 200% higher than Homes4Uu, The Travel Professionals, Inc's reported 2 employees, and received an average PPP loan of $41,836, 67% higher than this company's loan of $25,000.
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Footnotes & Information
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