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

PPP Loan Data — Richard Lewis Lively PA, Key West, FL

ALERT: There are 2 PPP loans for a total of $16,665 in our database for businesses with the name "Richard Lewis Lively PA" in Key West, FL. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Richard Lewis Lively PA
FL

Richard Lewis Lively PA

Entity: Corporation

Industry: Offices of Real Estate Agents and Brokers

Location: Key West, FL

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Richard Lewis Lively PA is a corporation located at 1201 White St Ste 101 in Key West, Florida that received a Coronavirus-related PPP loan from the SBA of $8,332.00 in March, 2021.

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

$ PPP Loan Information
Loan #9951058600

Loan Size:

$8,332

Jobs Retained:

1

Loan Approved:

2021-03-26

Loan Status:

Ongoing Loan

Lender:

First Horizon Bank

Richard Lewis Lively PA in Key West, FL received a Paycheck Protection Loan of $8,332 through First Horizon Bank, which was approved in March, 2021.

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

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Richard Lewis Lively PA's 2019 payroll expenses are estimated to be at least $39,994.

Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $39,994 per employee1

Reported PPP Proceed Usage:

On the PPP application, Richard Lewis Lively PA reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $8,331

Business Information - Richard Lewis Lively PA in Key West, FL

Richard Lewis Lively PA
1201 White St Ste 101
Key West, FL 33040

Business Industry:
Offices of Real Estate Agents and Brokers
NAICS code 531210

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Monroe County, FL — SBA Office 0455 — Congressional District: FL-26

Similar Companies near Key West

In the Key West area, 143 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $23,213 (compared to this company's $8,332).

Industry PPP Comparison Statistics

Nationwide, 255,794 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.75B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 2 employees, 100% higher than Richard Lewis Lively PA's reported 1 employees, and received an average PPP loan of $22,469, 170% higher than this company's loan of $8,332.

SBA PPP loan data, payroll data, and salaries for Richard Lewis Lively PA
FL

Richard Lewis Lively PA

Entity: Corporation

Industry: Other Activities Related to Real Estate

Location: Key West, FL

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Richard Lewis Lively PA is a corporation located at 3930 S Roosevelt Blvd Apt 406w in Key West, Florida that received a Coronavirus-related PPP loan from the SBA of $8,333.00 in April, 2020.

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

$ PPP Loan Information
Loan #6839197302

Loan Size:

$8,333

Jobs Retained:

1

Loan Approved:

2020-04-30

Loan Status:

Ongoing Loan

Lender:

First Horizon Bank

Richard Lewis Lively PA in Key West, FL received a Paycheck Protection Loan of $8,333 through First Horizon Bank, 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

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Richard Lewis Lively PA's 2019 payroll expenses are estimated to be at least $39,998.

Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $39,998 per employee1

Reported PPP Proceed Usage:

On the PPP application, Richard Lewis Lively PA reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $8,333

Business Information - Richard Lewis Lively PA in Key West, FL

Richard Lewis Lively PA
3930 S Roosevelt Blvd Apt 406w
Key West, FL 33040

Business Industry:
Other Activities Related to Real Estate
NAICS code 531390

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Monroe County, FL — SBA Office 0455 — Congressional District: FL-26

Similar Companies near Key West

In the Key West area, 21 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $40,749 (compared to this company's $8,333).

Industry PPP Comparison Statistics

Nationwide, 79,334 businesses in the "Other Activities Related to Real Estate" industry received a total of $3.69B 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 4 employees, 300% higher than Richard Lewis Lively PA's reported 1 employees, and received an average PPP loan of $46,456, 457% higher than this company's loan of $8,333.

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. Estimations for informational purposes only. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/richard-lewis-lively-pa-key-west-fl