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

PPP Loan Data — Pompano Beach Community Development & Benefits LLC, Pompano Beach, FL

ALERT: There are 2 PPP loans for a total of $24,000 in our database for businesses with the name "Pompano Beach Community Development & Benefits LLC" in Pompano Beach, 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 Pompano Beach Community Development & Benefits LLC
FL

Pompano Beach Community Development & Benefits LLC

Entity: Limited Liability Company (LLC)

Industry: All Other Professional, Scientific, and Technical Services

Location: Pompano Beach, FL

Search All PPP Data

Pompano Beach Community Development & Benefits LLC is a limited liability company (LLC) located in Pompano Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $12,000.00 in February, 2021.

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

$ PPP Loan Information
Loan #4402658401

Loan Size:

$12,000

Jobs Retained:

1

Loan Approved:

2021-02-06

Loan Status:

Paid in Full or Forgiven

Lender:

Cross River Bank

Pompano Beach Community Development & Benefits LLC in Pompano Beach, FL received a Paycheck Protection Loan of $12,000 through Cross River Bank, which was approved in February, 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 January, 2022.


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, Pompano Beach Community Development & Benefits LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $11,997
  • Utilities: $1

Business Information - Pompano Beach Community Development & Benefits LLC in Pompano Beach, FL

Pompano Beach Community Development & Benefits LLC
Pompano Beach, FL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990

Business Owner Demographics

Race: Black or African American

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Broward County, FL — SBA Office 0455 — Congressional District: FL-20

Businesses Using Same Address:

There are 2 other businesses that received a PPP loan registered to the same address as Pompano Beach Community Development & Benefits LLC.

Lawrence Rawls
All Other Miscellaneous Crop Farming

$20,640 PPP Loan

Frankie Rawls
Promoters of Performing Arts, Sports, and Similar Events without Facilities

$20,833 PPP Loan

Similar Companies near Pompano Beach

In the Pompano Beach area, 133 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $32,088 (compared to this company's $12,000).

Industry PPP Comparison Statistics

Nationwide, 128,283 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.38B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, 400% higher than Pompano Beach Community Development & Benefits LLC's reported 1 employees, and received an average PPP loan of $57,491, 379% higher than this company's loan of $12,000.

SBA PPP loan data, payroll data, and salaries for Pompano Beach Community Development & Benefits, LLC
FL

Pompano Beach Community Development & Benefits, LLC

Entity: Limited Liability Company (LLC)

Industry: Administrative Management and General Management Consulting Services

Location: Pompano Beach, FL

Search All PPP Data

Pompano Beach Community Development & Benefits, LLC is a limited liability company (LLC) located in Pompano Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $12,000.00 in April, 2020.

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

$ PPP Loan Information
Loan #3776427308

Loan Size:

$12,000

Jobs Retained:

1

Loan Approved:

2020-04-29

Loan Status:

Paid in Full or Forgiven

Lender:

Celtic Bank Corporation

Pompano Beach Community Development & Benefits, LLC in Pompano Beach, FL received a Paycheck Protection Loan of $12,000 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 August, 2021.


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, Pompano Beach Community Development & Benefits, LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $9,000
  • Utilities: $1,500
  • Mortgage Interest: $1,500

Business Information - Pompano Beach Community Development & Benefits, LLC in Pompano Beach, FL

Pompano Beach Community Development & Benefits, LLC
Pompano Beach, FL
* Full address is redacted to protect the privacy of individuals.

Business Owner Demographics

Race: Black or African American

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Broward County, FL — SBA Office 0455 — Congressional District: FL-20

Similar Companies near Pompano Beach

In the Pompano Beach area, 29 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 1) and received an average PPP loan of $198,848 (compared to this company's $12,000).

Industry PPP Comparison Statistics

Nationwide, 92,497 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.46B 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 5 employees, 400% higher than Pompano Beach Community Development & Benefits, LLC's reported 1 employees, and received an average PPP loan of $58,976, 391% higher than this company's loan of $12,000.

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. ยง 552 (Freedom of Information Act) and 5 U.S.C. ยง 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/pompano-beach-community-development-benefits-llc-pompano-beach-fl