PPP Loan Data — Jonathan Black Charters, Cape Coral, FL
Jonathan Black Charters is a sole proprietorship located in Cape Coral, Florida that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Jonathan Black Charters in Cape Coral, FL received a Paycheck Protection Loan of $25,000 through Suncoast CU, which was approved in May, 2020.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, Jonathan Black Charters reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,000
- Utilities: $6,500
- Rent: $8,500
Business Information - Jonathan Black Charters in Cape Coral, FL
Cape Coral, FL
* Full address is redacted to protect the privacy of individuals.
Scenic and Sightseeing Transportation, Water
NAICS code 487210
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Cape Coral
In the Cape Coral area, 2 businesses in the "Scenic and Sightseeing Transportation, Water" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $26,442 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
MKS Of Swfl, LLC
Cape Coral, FL
Industry PPP Comparison Statistics
Nationwide, 2,371 businesses in the "Scenic and Sightseeing Transportation, Water" industry received a total of $137.92M 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 8 employees, 700% higher than Jonathan Black Charters' reported 1 employees, and received an average PPP loan of $58,171, 133% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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