PPP Loan Data — Star2Star Communications, LLC, Sarasota, FL
Star2Star Communications, LLC is a limited liability company (LLC) located at 600 Tallevast Rd in Sarasota, Florida that received a Coronavirus-related PPP loan from the SBA of $4,199,200.00 in April, 2020.
$ PPP Loan Information
Lender:NEWTEK SMALL BUSINESS FINANCE, INC.
Star2Star Communications, LLC received a Paycheck Protection Loan of $4.2M through NEWTEK SMALL BUSINESS FINANCE, INC., which was approved in April, 2020.
Based on standard PPP eligibility rules, Star2Star Communications, LLC's total 2019 payroll expenses were approximately $20.16M in order to qualify for the PPP loan amount received.
Based on their reported 249 jobs retained, this equals an estimated average yearly compensation of $80,948 per employee1.
Business Information - Star2Star Communications, LLC in Sarasota, FL
600 Tallevast Rd
Sarasota, FL 34243
All Other Telecommunications (NAICS code 517919)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-16
Industry PPP Comparison Statistics
Nationwide, 6,603 businesses in the "All Other Telecommunications" industry received a total of $691,992,618.00 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 8 employees, 97% lower than Star2Star Communications, LLC's reported 249 employees, and received an average PPP loan of $104,800, 98% lower than this company's loan of $4.2M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!