PPP Loan Data — Software Brokers Of America -Intcomex, Miami, FL
Software Brokers Of America -Intcomex
Location: Miami, FLTweet This • Search All PPP Data
Software Brokers Of America -Intcomex is a corporation located at 3505 Nw 107th Avenue Suite A in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $2,549,500.00 in April, 2020.
$ PPP Loan Information
Lender:BANKUNITED, NATIONAL ASSOCIATION
Software Brokers Of America -Intcomex in Miami, FL received a Paycheck Protection Loan of $2.55M through BANKUNITED, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Software Brokers Of America -Intcomex's total 2019 payroll expenses were approximately $12.24M in order to qualify for the PPP loan amount received.
Based on their reported 207 jobs retained, this equals an estimated average yearly compensation of $59,119 per employee1.
Business Information - Software Brokers Of America -Intcomex in Miami, FL
3505 Nw 107th Avenue Suite A
Miami, FL 33178
Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (NAICS code 423430)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-25
Similar Companies near Miami
In the Miami area, 19 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 207) and received an average PPP loan of $220,243 (compared to this company's $2.55M).
Similar Nearby Businesses Who Received PPP Funding:
Express Computer Distributors
Cybertech Life Inc.
Flex Planet Technologies Corporation
Westham Trade Company LTD
Megatech Distributor, LLC
Atlatech Innovation Inc
Mercado Digital Inc
Industry PPP Comparison Statistics
Nationwide, 2,714 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a total of $530,433,905.00 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 12 employees, 94% lower than Software Brokers Of America -Intcomex's reported 207 employees, and received an average PPP loan of $195,444, 92% lower than this company's loan of $2.55M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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