PPP Loan Data — Sandy Sansing Cars, Inc, Pensacola, FL
Sandy Sansing Cars, Inc is a corporation located at 6105 Pensacola Blvd in Pensacola, Florida that received a Coronavirus-related PPP loan from the SBA of $4,245,800.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Sandy Sansing Cars, Inc received a Paycheck Protection Loan of $4.25M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sandy Sansing Cars, Inc's total 2019 payroll expenses were approximately $20.38M in order to qualify for the PPP loan amount received.
Based on their reported 352 jobs retained, this equals an estimated average yearly compensation of $57,897 per employee1.
Business Information - Sandy Sansing Cars, Inc in Pensacola, FL
6105 Pensacola Blvd
Pensacola, FL 32505
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-01
Similar Companies near Pensacola
In the Pensacola area, 14 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 73 employees (compared to this company's 352) and received an average PPP loan of $980,222 (compared to this company's $4.25M).
Similar Nearby Businesses Who Received PPP Funding:
KIA Autosport Of Pensacola, Inc.
Sandy Sansing Chrysler Dodge Jeep Ram LLC
Allen Turner Automotive, Inc.
Ivan Technologies, Inc
Anderson Automotive Group, LLC
Step One Automotive Bgc Pn, LLC
Gulf South Automotive Sales LLC
Pete Moore Chevrolet, Inc.
Sonic Shottenkirk Inc
Industry PPP Comparison Statistics
Nationwide, 16,570 businesses in the "New Car Dealers" industry received a total of $10,869,996,969.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 47 employees, 87% lower than Sandy Sansing Cars, Inc's reported 352 employees, and received an average PPP loan of $656,005, 85% lower than this company's loan of $4.25M.
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Footnotes & Information
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