PPP Loan Data — SB Usvi Acquisition, Inc., Carolina, PR
SB Usvi Acquisition, Inc. is a limited liability company (LLC) located at 150 Carr Sector Central in Carolina, Puerto Rico that received a Coronavirus-related PPP loan from the SBA of $3,944,100.00 in June, 2020.
$ PPP Loan Information
Lender:MID PENN BANK
SB Usvi Acquisition, Inc. in Carolina, PR received a Paycheck Protection Loan of $3.94M through MID PENN BANK, which was approved in June, 2020.
Based on standard PPP eligibility rules, SB Usvi Acquisition, Inc.'s total 2019 payroll expenses were approximately $18.93M in order to qualify for the PPP loan amount received.
Based on their reported 203 jobs retained, this equals an estimated average yearly compensation of $93,260 per employee1.
Business Information - SB Usvi Acquisition, Inc. in Carolina, PR
150 Carr Sector Central
Carolina, PR 00979
Other Support Activities for Air Transportation (NAICS code 488190)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PR-
Industry PPP Comparison Statistics
Nationwide, 1,940 businesses in the "Other Support Activities for Air Transportation" industry received a total of $360,688,279.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 93% lower than SB Usvi Acquisition, Inc.'s reported 203 employees, and received an average PPP loan of $185,922, 95% lower than this company's loan of $3.94M.
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Footnotes & Information
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