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PPP Loan Data — HRA Holdings, LLC, Vero Beach, FL

SBA PPP loan data, payroll data, and salaries for HRA Holdings, LLC
FL

HRA Holdings, LLC

Entity: Limited Liability Company (LLC)

Industry: Miscellaneous Financial Investment Activities

Location: Vero Beach, FL

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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

Loan Size:

$2.76M

Jobs Retained:

500

Loan Approved:

2020-05-13

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.

Because the loan received by HRA Holdings, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - HRA Holdings, LLC in Vero Beach, FL

HRA Holdings, LLC
958 20th Place 2nd Floor
Vero Beach, FL 32960

Business Industry

Miscellaneous Financial Investment Activities (NAICS code 523999)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: NON-VETERAN

Congressional 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).

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/hra-holdings-llc-vero-beach-fl