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PPP Loan Data — Philip Jose II, West Palm Beach, FL

SBA PPP loan data, payroll data, and salaries for Philip Jose II
FL

Philip Jose II

Entity: Independent Contractor

Industry: Engineering Services

Location: West Palm Beach, FL

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Philip Jose II is an independent contractor located in West Palm Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $20,800.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information Loan #8482427207

Loan Size:

$20,800

Jobs Retained:

1

Loan Approved:

2020-04-28

Loan Status:

Paid in Full or Forgiven

Lender:

Superior National Bank

Philip Jose II in West Palm Beach, FL received a Paycheck Protection Loan of $20,800 through Superior 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 December, 2020.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Philip Jose II reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,800

Business Information - Philip Jose II in West Palm Beach, FL

Philip Jose II
West Palm Beach, FL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Engineering Services
NAICS code 541330

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Palm Beach County, FL — SBA Office 0455 — Congressional District: FL-18

Similar Companies near West Palm Beach

In the West Palm Beach area, 33 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 1) and received an average PPP loan of $565,862 (compared to this company's $20,800).

Industry PPP Comparison Statistics

Nationwide, 42,663 businesses in the "Engineering Services" industry received a total of $8,979,081,062.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 14 employees, 1300% higher than Philip Jose II's reported 1 employees, and received an average PPP loan of $210,465, 912% higher than this company's loan of $20,800.

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.

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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/philip-jose-ii-west-palm-beach-fl