PPP Loan Data — LRP Publications, Inc., Palm Beach Gardens, FL
LRP Publications, Inc. is a subchapter s corporation located at 360 Hiatt Drive in Palm Beach Gardens, Florida that received a Coronavirus-related PPP loan from the SBA of $3,337,897.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
LRP Publications, Inc. received a Paycheck Protection Loan of $3.34M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, LRP Publications, Inc.'s total 2019 payroll expenses were approximately $16.02M in order to qualify for the PPP loan amount received.
Based on their reported 189 jobs retained, this equals an estimated average yearly compensation of $84,772 per employee1.
Business Information - LRP Publications, Inc. in Palm Beach Gardens, FL
360 Hiatt Drive
Palm Beach Gardens, FL 33418
Newspaper Publishers (NAICS code 511110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-18
Industry PPP Comparison Statistics
Nationwide, 2,840 businesses in the "Newspaper Publishers" industry received a total of $401,663,111.00 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 14 employees, 93% lower than LRP Publications, Inc.'s reported 189 employees, and received an average PPP loan of $141,431, 96% lower than this company's loan of $3.34M.
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Footnotes & Information
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