PPP Loan Data — Stadium, Inc, Tampa, FL
Stadium, Inc is a subchapter s corporation located at 5088 N. Dale Mabry Highway in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $2,144,400.00 in April, 2020. This business is a Southeast Toyota Distributors, LLC - Toyota Dealer Agreement franchise.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:The Bank of Tampa
Stadium, Inc in Tampa, FL received a Paycheck Protection Loan of $2.14M through The Bank of Tampa, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Stadium, Inc's 2019 payroll expenses are estimated to be at least $10.29M.
Based on their reported 182 jobs retained, this equals an estimated average yearly compensation of $56,556 per employee1
Reported PPP Proceed Usage:
On the PPP application, Stadium, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,144,400
Business Information - Stadium, Inc in Tampa, FL
5088 N. Dale Mabry Highway
Tampa, FL 33614
New Car Dealers
NAICS code 441110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Tampa
In the Tampa area, 5 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 80 employees (compared to this company's 182) and received an average PPP loan of $945,027 (compared to this company's $2.14M).
Similar Nearby Businesses Who Received PPP Funding:
Celso Elien Rodriguez Marchante
West Florida Trades Inc
Bill Currie Ford Inc
Tampa Sales LLC
Industry PPP Comparison Statistics
Nationwide, 19,896 businesses in the "New Car Dealers" industry received a total of $12.31B 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 52 employees, 71% lower than Stadium, Inc's reported 182 employees, and received an average PPP loan of $618,860, 71% lower than this company's loan of $2.14M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!