PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — LVI Intermediate Holdings, Inc., West Palm Beach, FL

SBA PPP loan data, payroll data, and salaries for LVI Intermediate Holdings, Inc.

LVI Intermediate Holdings, Inc.

Entity: Corporation

Industry: Offices of Optometrists

Location: West Palm Beach, FL

Search All PPP Data

LVI Intermediate Holdings, Inc. is a corporation located at 1555 Palm Beach Lakes Blvd in West Palm Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $3,130,916.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




LVI Intermediate Holdings, Inc. received a Paycheck Protection Loan of $3.13M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, LVI Intermediate Holdings, Inc.'s total 2019 payroll expenses were approximately $15.03M in order to qualify for the PPP loan amount received.

Based on their reported 205 jobs retained, this equals an estimated average yearly compensation of $73,309 per employee1.

Because the loan received by LVI Intermediate Holdings, Inc. 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 - LVI Intermediate Holdings, Inc. in West Palm Beach, FL

LVI Intermediate Holdings, Inc.
1555 Palm Beach Lakes Blvd
West Palm Beach, FL 33401

Business Industry

Offices of Optometrists (NAICS code 621320)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: FL-20

Similar Companies near West Palm Beach

In the West Palm Beach area, 5 businesses in the "Offices of Optometrists" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 205) and received an average PPP loan of $667,143 (compared to this company's $3.13M).

Industry PPP Comparison Statistics

Nationwide, 16,785 businesses in the "Offices of Optometrists" industry received a total of $1,250,172,320.00 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 7 employees, 97% lower than LVI Intermediate Holdings, Inc.'s reported 205 employees, and received an average PPP loan of $74,482, 98% lower than this company's loan of $3.13M.

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.

Have's open data tools been valuable? Consider donating!

** This Document Provided By - The Civil Employee's Resource **