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PPP Loan Data — R W Lowe LLC, Santa Rosa Beach, FL

SBA PPP loan data, payroll data, and salaries for R W Lowe LLC
FL

R W Lowe LLC

Entity: Limited Liability Company (LLC)

Industry: All Other Support Services

Location: Santa Rosa Beach, FL

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R W Lowe LLC is a limited liability company (LLC) located in Santa Rosa Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $11,100.00 in May, 2020.

$ PPP Loan Information
Loan #5119067807

Loan Size:

$11,100

Jobs Retained:

1

Loan Approved:

2020-05-29

Loan Status:

Paid in Full or Forgiven

Lender:

Regions Bank

R W Lowe LLC in Santa Rosa Beach, FL received a Paycheck Protection Loan of $11,100 through Regions Bank, which was approved in May, 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 July, 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, R W Lowe LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $11,100

Business Information - R W Lowe LLC in Santa Rosa Beach, FL

R W Lowe LLC
Santa Rosa Beach, FL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Support Services
NAICS code 561990

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: Rural

Walton County, FL — SBA Office 0491 — Congressional District: FL-01

Similar Companies near Santa Rosa Beach

In the Santa Rosa Beach area, 10 businesses in the "All Other Support Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $14,847 (compared to this company's $11,100).

Industry PPP Comparison Statistics

Nationwide, 33,518 businesses in the "All Other Support Services" industry received a total of $1.7B 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 7 employees, 600% higher than R W Lowe LLC's reported 1 employees, and received an average PPP loan of $50,755, 357% higher than this company's loan of $11,100.

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/r-w-lowe-llc-santa-rosa-beach-fl