FederalPay.org
PPP Loan Data — Recovery Unplugged Holdings, LLC,
Fort Lauderdale, FL
Recovery Unplugged Holdings, LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Other Holding Companies
Location: Fort Lauderdale, FL
Tweet This
•
Search All PPP Data
Recovery Unplugged Holdings, LLC is a limited liability company (LLC) located at 915 Middle River Drive in Fort Lauderdale, Florida that received a Coronavirus-related PPP loan from the SBA of $3,657,100.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 344 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
344Loan Approved:
2020-04-09Lender:
TRUIST BANK D/B/A BRANCH BANKING & TRUST CORecovery Unplugged Holdings, LLC received a Paycheck Protection Loan of $3.66M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Recovery Unplugged Holdings, LLC's total 2019 payroll expenses were approximately $17.55M in order to qualify for the PPP loan amount received.
Based on their reported 344 jobs retained, this equals an estimated average yearly compensation of $51,029 per employee1.
Business Information - Recovery Unplugged Holdings, LLC in Fort Lauderdale, FL
915 Middle River Drive
Fort Lauderdale, FL 33304
Business Industry
Offices of Other Holding Companies (NAICS code 551112)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-22Similar Companies near Fort Lauderdale
In the Fort Lauderdale area, 6 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 63 employees (compared to this company's 344) and received an average PPP loan of $634,936 (compared to this company's $3.66M).
Similar Nearby Businesses Who Received PPP Funding:
Lillie Mae Covey
Fort Lauderdale, FL
AXE Hospitality Group, LLC
Fort Lauderdale, FL
TML Florida Holdings LLC
Ft Lauderdale, FL
WGW Holdings, LLC
Fort Lauderdale, FL
Knallhart Management Group, LLC
Fort Lauderdale, FL
Industry PPP Comparison Statistics
Nationwide, 7,606 businesses in the "Offices of Other Holding Companies" industry received a total of $1,222,968,235.00 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 14 employees, 96% lower than Recovery Unplugged Holdings, LLC's reported 344 employees, and received an average PPP loan of $160,790, 96% lower than this company's loan of $3.66M.
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.
Footnotes & Information
1. 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.
Have FederalPay.org's open data tools been valuable? Consider donating!