PPP Loan Data — Pharmalogic Holdings Corp, Boca Raton, FL
Pharmalogic Holdings Corp is a corporation located at 1 South Ocean Blvd, Suite 206 in Boca Raton, Florida that received a Coronavirus-related PPP loan from the SBA of $3,985,425.00 in June, 2020.
$ PPP Loan Information
Pharmalogic Holdings Corp in Boca Raton, FL received a Paycheck Protection Loan of $3.99M through INVESTORS BANK, which was approved in June, 2020.
Based on standard PPP eligibility rules, Pharmalogic Holdings Corp's total 2019 payroll expenses were approximately $19.13M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $38,260 per employee1.
Business Information - Pharmalogic Holdings Corp in Boca Raton, FL
1 South Ocean Blvd, Suite 206
Boca Raton, FL 33432
Pharmaceutical Preparation Manufacturing (NAICS code 325412)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-22
Similar Companies near Boca Raton
In the Boca Raton area, 2 businesses in the "Pharmaceutical Preparation Manufacturing" industry received a PPP loan. These local businesses reported an average of 297 employees (compared to this company's 500) and received an average PPP loan of $2,450,263 (compared to this company's $3.99M).
Similar Nearby Businesses Who Received PPP Funding:
Clearly Derm LLC
Boca Raton, FL
Industry PPP Comparison Statistics
Nationwide, 1,351 businesses in the "Pharmaceutical Preparation Manufacturing" industry received a total of $515,322,883.00 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 22 employees, 96% lower than Pharmalogic Holdings Corp's reported 500 employees, and received an average PPP loan of $381,438, 90% lower than this company's loan of $3.99M.
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Footnotes & Information
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