PPP Loan Data — Schroeder-Manatee Ranch Inc., Bradenton, FL
Schroeder-Manatee Ranch Inc. is a corporation located at 14400 Lorraine Road in Bradenton, Florida that received a Coronavirus-related PPP loan from the SBA of $2,618,100.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HOME BANK
Schroeder-Manatee Ranch Inc. received a Paycheck Protection Loan of $2.62M through FIRST HOME BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Schroeder-Manatee Ranch Inc.'s total 2019 payroll expenses were approximately $12.57M in order to qualify for the PPP loan amount received.
Based on their reported 257 jobs retained, this equals an estimated average yearly compensation of $48,898 per employee1.
Business Information - Schroeder-Manatee Ranch Inc. in Bradenton, FL
14400 Lorraine Road
Bradenton, FL 34202
Beef Cattle Ranching and Farming (NAICS code 112111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-16
Industry PPP Comparison Statistics
Nationwide, 14,148 businesses in the "Beef Cattle Ranching and Farming" industry received a total of $326,239,874.00 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 3 employees, 99% lower than Schroeder-Manatee Ranch Inc.'s reported 257 employees, and received an average PPP loan of $23,059, 99% lower than this company's loan of $2.62M.
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Footnotes & Information
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