PPP Loan Data — Lakeland Moon Walk Of Polk County Inc, Lakeland, FL
Lakeland Moon Walk Of Polk County Inc is a corporation located at 1248 George Jenkins Blvd Ste B2 in Lakeland, Florida that received a Coronavirus-related PPP loan from the SBA of $25,170.00 in January, 2021.
The company has reported itself as a male veteran owned business, and employed at least nine people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lakeland Moon Walk Of Polk County Inc in Lakeland, FL received a Paycheck Protection Loan of $25,170 through Midflorida CU, which was approved in January, 2021.
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, Lakeland Moon Walk Of Polk County Inc's 2019 payroll expenses are estimated to be at least $120,816.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $13,424 per employee1
Reported PPP Proceed Usage:
On the PPP application, Lakeland Moon Walk Of Polk County Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,167
- Utilities: $1
Business Information - Lakeland Moon Walk Of Polk County Inc in Lakeland, FL
1248 George Jenkins Blvd Ste B2
Lakeland, FL 33815
All Other Amusement and Recreation Industries
NAICS code 713990
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Lakeland
In the Lakeland area, 3 businesses in the "All Other Amusement and Recreation Industries" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 9) and received an average PPP loan of $18,268 (compared to this company's $25,170).
Similar Nearby Businesses Who Received PPP Funding:
J T Calloway Enterprise
Janice K. Pauley
Industry PPP Comparison Statistics
Nationwide, 26,511 businesses in the "All Other Amusement and Recreation Industries" industry received a total of $1.46B 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 12 employees, 33% higher than Lakeland Moon Walk Of Polk County Inc's reported 9 employees, and received an average PPP loan of $55,179, 119% higher than this company's loan of $25,170.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!