PPP Loan Data — Security First Managers, LLC, Ormond Beach, FL
Security First Managers, LLC is a limited liability company (LLC) located at 1001 Broadway Ave in Ormond Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $5,749,600.00 in April, 2020.
The company has reported itself as a White owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Security First Managers, LLC received a Paycheck Protection Loan of $5.75M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Security First Managers, LLC's total 2019 payroll expenses were approximately $27.6M in order to qualify for the PPP loan amount received.
Unlike most businesses, Security First Managers, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Security First Managers, LLC in Ormond Beach, FL
1001 Broadway Ave
Ormond Beach, FL 32174
Direct Property and Casualty Insurance Carriers (NAICS code 524126)
Business Owner Demographics
Race / Ethnicity: WHITE
Veteran Status: UnreportedCongressional District: FL-06
Industry PPP Comparison Statistics
Nationwide, 4,105 businesses in the "Direct Property and Casualty Insurance Carriers" industry received a total of $356,353,782.00 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 7 employees, and received an average PPP loan of $86,810, 98% lower than this company's loan of $5.75M.
FederalPay's PPP Information Policy
Footnotes & Information
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