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

PPP Loan Data — Oscar G. Cascante DMD. PA, Miami, FL

ALERT: There are 2 PPP loans for a total of $162,141 in our database for businesses with the name "Oscar G. Cascante DMD. PA" in Miami, FL. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Oscar G. Cascante DMD. PA
FL

Oscar G. Cascante DMD. PA

Entity: Corporation

Industry: Offices of Dentists

Location: Miami, FL

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Oscar G. Cascante DMD. PA is a corporation located at 8501 Sw 124th Ave Ste 107 in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $80,894.00 in January, 2021.

$ PPP Loan Information
Loan #2726728308

Loan Size:

$80,894

Jobs Retained:

9

Loan Approved:

2021-01-21

Loan Status:

Paid in Full or Forgiven

Lender:

Customers Bank

Oscar G. Cascante DMD. PA in Miami, FL received a Paycheck Protection Loan of $80,894 through Customers Bank, which was approved in January, 2021.

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 November, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Oscar G. Cascante DMD. PA's 2019 payroll expenses are estimated to be at least $388,291.

Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $43,143 per employee1

Reported PPP Proceed Usage:

On the PPP application, Oscar G. Cascante DMD. PA reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $80,889
  • Utilities: $1

Business Information - Oscar G. Cascante DMD. PA in Miami, FL

Oscar G. Cascante DMD. PA
8501 Sw 124th Ave Ste 107
Miami, FL 33183

Business Industry:
Offices of Dentists
NAICS code 621210

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Miami-dade County, FL — SBA Office 0455 — Congressional District: FL-26

Similar Companies near Miami

In the Miami area, 62 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 9) and received an average PPP loan of $46,968 (compared to this company's $80,894).

Industry PPP Comparison Statistics

Nationwide, 173,219 businesses in the "Offices of Dentists" industry received a total of $13.99B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 8 employees, 11% lower than Oscar G. Cascante DMD. PA's reported 9 employees, and received an average PPP loan of $80,745, 0% higher than this company's loan of $80,894.

SBA PPP loan data, payroll data, and salaries for Oscar G Cascante DMD PA
FL

Oscar G Cascante DMD PA

Entity: Corporation

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Miami, FL

Search All PPP Data

Oscar G Cascante DMD PA is a corporation located at 8501 Southwest 124th Avenue in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $81,247.00 in April, 2020.

$ PPP Loan Information
Loan #2797897303

Loan Size:

$81,247

Jobs Retained:

9

Loan Approved:

2020-04-29

Loan Status:

Paid in Full or Forgiven

Lender:

Celtic Bank Corporation

Oscar G Cascante DMD PA in Miami, FL received a Paycheck Protection Loan of $81,247 through Celtic Bank Corporation, 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 May, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Oscar G Cascante DMD PA's 2019 payroll expenses are estimated to be at least $389,986.

Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $43,332 per employee1

Reported PPP Proceed Usage:

On the PPP application, Oscar G Cascante DMD PA reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $60,935
  • Utilities: $10,156
  • Rent: $10,156

Business Information - Oscar G Cascante DMD PA in Miami, FL

Oscar G Cascante DMD PA
8501 Southwest 124th Avenue
Miami, FL 33183

Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Miami-dade County, FL — SBA Office 0455 — Congressional District: FL-26

Businesses Using Same Address:

There is one other business that received a PPP loan registered to the same address as Oscar G Cascante DMD PA.

Acemon Corp
Offices of Physicians (except Mental Health Specialists)

$110,117 PPP Loan

Similar Companies near Miami

In the Miami area, 74 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 9) and received an average PPP loan of $110,772 (compared to this company's $81,247).

Industry PPP Comparison Statistics

Nationwide, 176,426 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.05B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 22% higher than Oscar G Cascante DMD PA's reported 9 employees, and received an average PPP loan of $119,310, 47% higher than this company's loan of $81,247.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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/oscar-g-cascante-dmd-pa-miami-fl