PPP Loan Data — Mobile Mix Masters, Inc, Apopka, FL
Mobile Mix Masters, Inc
Location: Apopka, FLTweet This • Search All PPP Data
Mobile Mix Masters, Inc is a corporation located at 3050 Dee St in Apopka, Florida that received a Coronavirus-related PPP loan from the SBA of $1,527,600.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Seacoast National Bank
Mobile Mix Masters, Inc in Apopka, FL received a Paycheck Protection Loan of $1.53M through Seacoast National Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in February, 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, Mobile Mix Masters, Inc's 2019 payroll expenses are estimated to be at least $7.33M.
Based on their reported 155 jobs retained, this equals an estimated average yearly compensation of $47,306 per employee1
Reported PPP Proceed Usage:
On the PPP application, Mobile Mix Masters, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,527,600
Business Information - Mobile Mix Masters, Inc in Apopka, FL
3050 Dee St
Apopka, FL 32703
Poured Concrete Foundation and Structure Contractors
NAICS code 238110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Apopka
In the Apopka area, 10 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a PPP loan. These local businesses reported an average of 54 employees (compared to this company's 155) and received an average PPP loan of $558,786 (compared to this company's $1.53M).
Similar Nearby Businesses Who Received PPP Funding:
Site Solutions Of Central Florida, Inc
Castle Roofing Group LLC
American Concrete Staining, Inc
Seretta Construction, Inc
Gettle & Associates General Contractors Inc
Industry PPP Comparison Statistics
Nationwide, 21,801 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $3.02B 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 13 employees, 92% lower than Mobile Mix Masters, Inc's reported 155 employees, and received an average PPP loan of $138,620, 91% lower than this company's loan of $1.53M.
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Footnotes & Information
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