PPP Loan Data — Sawgrass Ford Inc., Sunrise, FL
Sawgrass Ford Inc. is a subchapter s corporation located at 14501 West Sunrise Boulevard in Sunrise, Florida that received a Coronavirus-related PPP loan from the SBA of $2,608,800.00 in April, 2020.
$ PPP Loan Information
Sawgrass Ford Inc. in Sunrise, FL received a Paycheck Protection Loan of $2.61M through NORTHEAST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sawgrass Ford Inc.'s total 2019 payroll expenses were approximately $12.52M in order to qualify for the PPP loan amount received.
Based on their reported 196 jobs retained, this equals an estimated average yearly compensation of $63,889 per employee1.
Business Information - Sawgrass Ford Inc. in Sunrise, FL
14501 West Sunrise Boulevard
Sunrise, FL 33323
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-23
Similar Companies near Sunrise
In the Sunrise area, 3 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 85 employees (compared to this company's 196) and received an average PPP loan of $1,124,583 (compared to this company's $2.61M).
Similar Nearby Businesses Who Received PPP Funding:
Rick Case Sunrise, LLC
AMC Title 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, 76% lower than Sawgrass Ford Inc.'s reported 196 employees, and received an average PPP loan of $656,005, 75% lower than this company's loan of $2.61M.
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Footnotes & Information
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