PPP Loan Data — Sebel Enterprises LLC, Sunrise, FL
Sebel Enterprises LLC is a corporation located at 9970 W Oakland Park Blvd in Sunrise, Florida that received a Coronavirus-related PPP loan from the SBA of $25,067.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cross River Bank
Sebel Enterprises LLC in Sunrise, FL received a Paycheck Protection Loan of $25,067 through Cross River Bank, which was approved in May, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Sebel Enterprises LLC's 2019 payroll expenses are estimated to be at least $120,322.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $13,369 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sebel Enterprises LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,067
Business Information - Sebel Enterprises LLC in Sunrise, FL
9970 W Oakland Park Blvd
Sunrise, FL 33351
NAICS code 445120
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sunrise
In the Sunrise area, 9 businesses in the "Convenience Stores" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 9) and received an average PPP loan of $20,759 (compared to this company's $25,067).
Similar Nearby Businesses Who Received PPP Funding:
SS Dollar Plus
Brane Enterprises LLC
H & S Retail Inc
Smoke Time Club, Inc
Ft Lauderdale, FL
Tush Enterprises LLC
Smoke Time Club Inc
Industry PPP Comparison Statistics
Nationwide, 30,055 businesses in the "Convenience Stores" industry received a total of $856.22M 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 6 employees, 33% lower than Sebel Enterprises LLC's reported 9 employees, and received an average PPP loan of $28,488, 14% higher than this company's loan of $25,067.
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Footnotes & Information
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