PPP Loan Data — HRA Holdings, LLC, Vero Beach, FL
HRA Holdings, LLC is a limited liability company (LLC) located at 958 20th Place 2nd Floor in Vero Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $2,762,500.00 in May, 2020.
$ PPP Loan Information
Lender:FOUNTAINHEAD SBF LLC
HRA Holdings, LLC received a Paycheck Protection Loan of $2.76M through FOUNTAINHEAD SBF LLC, which was approved in May, 2020.
Based on standard PPP eligibility rules, HRA Holdings, LLC's total 2019 payroll expenses were approximately $13.26M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $26,520 per employee1.
Business Information - HRA Holdings, LLC in Vero Beach, FL
958 20th Place 2nd Floor
Vero Beach, FL 32960
Miscellaneous Financial Investment Activities (NAICS code 523999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: NON-VETERANCongressional District: FL-08
Similar Companies near Vero Beach
In the Vero Beach area, 4 businesses in the "Miscellaneous Financial Investment Activities" industry received a PPP loan. These local businesses reported an average of 164 employees (compared to this company's 500) and received an average PPP loan of $914,662 (compared to this company's $2.76M).
Similar Nearby Businesses Who Received PPP Funding:
Northeast Financial Group Inc
Vero Beach, FL
Rosemarie L Spytek Inc
Vero Beach, FL
Harbor Retirement Holdings, LLC
Vero Beach, FL
Industry PPP Comparison Statistics
Nationwide, 6,430 businesses in the "Miscellaneous Financial Investment Activities" industry received a total of $418,863,551.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than HRA Holdings, LLC's reported 500 employees, and received an average PPP loan of $65,142, 98% lower than this company's loan of $2.76M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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