FL

Resortpal Inc

Entity: Corporation

Industry: Computer Systems Design Services

Location: Boca Raton, FL

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Resortpal Inc is a corporation located at 499 E Palmetto Park Rd Ste 223 in Boca Raton, Florida that received a Coronavirus-related PPP loan from the SBA of $15,100.00 in February, 2021.

$ PPP Loan Information Loan #6269648408

Resortpal Inc in Boca Raton, FL received a Paycheck Protection Loan of $15,100 through CRF Small Business Loan Company, LLC, which was approved in February, 2021.

While this loan has been approved by the Small Business Administration, the lender has not reported to the SBA that the loan funds were disbursed to the borrower. According to SBA records, a total of $15,100 in approved PPP funding has not been disbursed. The loan's status was last updated by the SBA in February, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Resortpal Inc's 2019 payroll expenses are estimated to be at least $72,480.

Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $24,160 per employee¹

Reported PPP Proceed Usage:

On the PPP application, Resortpal Inc reported intending to use the proceeds of their PPP loan for the following expenses:

• Payroll: $15,097
• Utilities: $1

Business Information - Resortpal Inc in Boca Raton, FL

Similar Companies near Boca Raton

In the Boca Raton area, 52 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 3) and received an average PPP loan of $196,579 (compared to this company's $15,100).

Industry PPP Comparison Statistics

Nationwide, 27,992 businesses in the "Computer Systems Design Services" industry received a total of $4,226,295,096.00 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 11 employees, 267% higher than Resortpal Inc's reported 3 employees, and received an average PPP loan of $150,982, 900% higher than this company's loan of $15,100.

FL

Resortpal Inc

Entity: Corporation

Industry: Computer Systems Design Services

Location: Boca Raton, FL

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Resortpal Inc is a corporation located at 100 Se 5th Ave Apt 217 in Boca Raton, Florida that received a Coronavirus-related PPP loan from the SBA of $13,300.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least three people during the applicable loan loan period.

$ PPP Loan Information Loan #4342627208

Resortpal Inc in Boca Raton, FL received a Paycheck Protection Loan of $13,300 through CRF Small Business Loan Company, LLC, which was approved in April, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Resortpal Inc's 2019 payroll expenses are estimated to be at least $63,840.

Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $21,280 per employee¹

Reported PPP Proceed Usage:

On the PPP application, Resortpal Inc reported intending to use the proceeds of their PPP loan for the following expenses:

• Payroll: $13,300

Business Information - Resortpal Inc in Boca Raton, FL

Similar Companies near Boca Raton

In the Boca Raton area, 52 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 3) and received an average PPP loan of $196,579 (compared to this company's $13,300).

Industry PPP Comparison Statistics

Nationwide, 27,992 businesses in the "Computer Systems Design Services" industry received a total of $4,226,295,096.00 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 11 employees, 267% higher than Resortpal Inc's reported 3 employees, and received an average PPP loan of $150,982, 1035% higher than this company's loan of $13,300.

FL

Resortpal Inc

Entity: Corporation

Industry: Computer Systems Design Services

Location: Boca Raton, FL

Tweet This • Search All PPP Data

Resortpal Inc is a corporation located at 100 Se 5th Ave Apt 217 in Boca Raton, Florida that received a Coronavirus-related PPP loan from the SBA of $13,300.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least three people during the applicable loan loan period.

$ PPP Loan Information Loan #4342627208

Resortpal Inc in Boca Raton, FL received a Paycheck Protection Loan of $13,300 through CRF Small Business Loan Company, LLC, which was approved in April, 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 March, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Resortpal Inc's 2019 payroll expenses are estimated to be at least $63,840.

Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $21,280 per employee¹

Reported PPP Proceed Usage:

On the PPP application, Resortpal Inc reported intending to use the proceeds of their PPP loan for the following expenses:

• Payroll: $13,300

Business Information - Resortpal Inc in Boca Raton, FL

Similar Companies near Boca Raton

In the Boca Raton area, 52 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 3) and received an average PPP loan of $196,579 (compared to this company's $13,300).

Industry PPP Comparison Statistics

Nationwide, 27,992 businesses in the "Computer Systems Design Services" industry received a total of $4,226,295,096.00 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 11 employees, 267% higher than Resortpal Inc's reported 3 employees, and received an average PPP loan of $150,982, 1035% higher than this company's loan of $13,300.