PPP Loan Data — Strategic Pathways, Homosassa, FL
Strategic Pathways is a sole proprietorship located at 12 Byrsonima Ct W in Homosassa, Florida that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in June, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Strategic Pathways in Homosassa, FL received a Paycheck Protection Loan of $25,000 through VyStar CU, which was approved in June, 2020.
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, Strategic Pathways' 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Strategic Pathways reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Strategic Pathways in Homosassa, FL
12 Byrsonima Ct W
Homosassa, FL 34446
Marketing Consulting Services
NAICS code 541613
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Homosassa
In the Homosassa area, 7 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 3) and received an average PPP loan of $14,482 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Devo Consulting Services, LLC
Sugarmill Woods, FL
The Raven Group Inc
Former Military Officers Coalition LLC
The Raven Group II Inc
Devo Consulting Services LLC
Industry PPP Comparison Statistics
Nationwide, 86,997 businesses in the "Marketing Consulting Services" industry received a total of $3.45B 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 3 employees, the same amount reported by Strategic Pathways and received an average PPP loan of $39,652, 59% higher than this company's loan of $25,000.
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Footnotes & Information
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