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PPP Loan Data — Ncdg Management LLC, Lakewood Ranch, FL

SBA PPP loan data, payroll data, and salaries for Ncdg Management LLC
FL

Ncdg Management LLC

Entity: Limited Liability Company (LLC)

Industry: New Housing For-Sale Builders

Location: Lakewood Ranch, FL

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Ncdg Management LLC is a limited liability company (LLC) located at 5800 Lakewood Ranch Blvd in Lakewood Ranch, Florida that received a Coronavirus-related PPP loan from the SBA of $4,120,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.12M

Jobs Retained:

227

Loan Approved:

2020-04-14

Lender:

HANCOCK WHITNEY BANK

Ncdg Management LLC in Lakewood Ranch, FL received a Paycheck Protection Loan of $4.12M through HANCOCK WHITNEY BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ncdg Management LLC's total 2019 payroll expenses were approximately $19.78M in order to qualify for the PPP loan amount received.

Based on their reported 227 jobs retained, this equals an estimated average yearly compensation of $87,127 per employee1.

Because the loan received by Ncdg Management LLC 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 - Ncdg Management LLC in Lakewood Ranch, FL

Ncdg Management LLC
5800 Lakewood Ranch Blvd
Lakewood Ranch, FL 34240

Business Industry

New Housing For-Sale Builders (NAICS code 236117)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: FL-16

Similar Companies near Lakewood Ranch

In the Lakewood Ranch area, 3 businesses in the "New Housing For-Sale Builders" industry received a PPP loan. These local businesses reported an average of 94 employees (compared to this company's 227) and received an average PPP loan of $1,651,891 (compared to this company's $4.12M).

Industry PPP Comparison Statistics

Nationwide, 7,736 businesses in the "New Housing For-Sale Builders" industry received a total of $770,266,772.00 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 Ncdg Management LLC's reported 227 employees, and received an average PPP loan of $99,569, 98% lower than this company's loan of $4.12M.

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, 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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ncdg-management-llc-lakewood-ranch-fl