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

PPP Loan Data — Redbar Integrated Marketing, Inc., Boca Raton, FL

SBA PPP loan data, payroll data, and salaries for Redbar Integrated Marketing, Inc.
FL

Redbar Integrated Marketing, Inc.

Entity: Subchapter S Corporation

Industry: Computer Systems Design Services

Location: Boca Raton, FL

Search All PPP Data

Redbar Integrated Marketing, Inc. is a subchapter s corporation located at 4160 Nw 1st Ave in Boca Raton, Florida that received a Coronavirus-related PPP loan from the SBA of $10,782.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$10,782

Jobs Retained:

2

Loan Approved:

2020-05-01

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Redbar Integrated Marketing, Inc. received a Paycheck Protection Loan of $10,782 through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Redbar Integrated Marketing, Inc.'s total 2019 payroll expenses were approximately $51,754 in order to qualify for the PPP loan amount received.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $25,877 per employee1.

Business Information - Redbar Integrated Marketing, Inc. in Boca Raton, FL

Redbar Integrated Marketing, Inc.
4160 Nw 1st Ave
Boca Raton, FL 33431

Business Industry

Computer Systems Design Services (NAICS code 541512)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: FL-22

Similar Companies near Boca Raton

In the Boca Raton area, 22 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 2) and received an average PPP loan of $403,195 (compared to this company's $10,782).

Industry PPP Comparison Statistics

Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 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 10 employees, 400% higher than Redbar Integrated Marketing, Inc.'s reported 2 employees, and received an average PPP loan of $181,408, 1583% higher than this company's loan of $10,782.

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. 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!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/redbar-integrated-marketing-inc-boca-raton-fl