PPP Loan Data — Remade Us LLC, Doral, FL
Remade Us LLC
Entity: Limited Liability Company (LLC)
Location: Doral, FLTweet This • Search All PPP Data
Remade Us LLC is a limited liability company (LLC) located in Doral, Florida that received a Coronavirus-related PPP loan from the SBA of $25,387.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Square Capital, LLC
Remade Us LLC in Doral, FL received a Paycheck Protection Loan of $25,387 through Square Capital, LLC, which was approved in May, 2020.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, Remade Us LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,387
Business Information - Remade Us LLC in Doral, FL
* Full address is redacted to protect the privacy of individuals.
Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers
NAICS code 423620
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Doral
In the Doral area, 26 businesses in the "Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 1) and received an average PPP loan of $57,116 (compared to this company's $25,387).
Similar Nearby Businesses Who Received PPP Funding:
DI & Es International Inc
Mundo Tamanaco LLC
Miami Gardens, FL
25 Hours Trading Inc
Mondo Movil, LLC
Extra Parts, LLC
Magik Dominicana S.a. Inc
Industry PPP Comparison Statistics
Nationwide, 3,022 businesses in the "Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers" industry received a total of $305.5M 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 9 employees, 800% higher than Remade Us LLC's reported 1 employees, and received an average PPP loan of $101,092, 298% higher than this company's loan of $25,387.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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