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PPP Loan Data — Software Brokers Of America -Intcomex, Miami, FL

SBA PPP loan data, payroll data, and salaries for Software Brokers Of America -Intcomex
FL

Software Brokers Of America -Intcomex

Entity: Corporation

Industry: Computer and Computer Peripheral Equipment and Software Merchant Wholesalers

Location: Miami, FL

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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

Loan Size:

$2.55M

Jobs Retained:

207

Loan Approved:

2020-04-14

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.

Because the loan received by Software Brokers Of America -Intcomex is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Software Brokers Of America -Intcomex in Miami, FL

Software Brokers Of America -Intcomex
3505 Nw 107th Avenue Suite A
Miami, FL 33178

Business Industry

Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (NAICS code 423430)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/software-brokers-of-america-intcomex-miami-fl