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

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:
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TML Florida Holdings LLC
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WGW Holdings, LLC
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Knallhart Management Group, LLC
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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.
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