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PPP Loan Data — Sunz Holdings, LLC,
Bradenton, FL
Sunz Holdings, LLC
Entity: Limited Liability Company (LLC)
Industry: All Other Insurance Related Activities
Location: Bradenton, FL
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Sunz Holdings, LLC is a limited liability company (LLC) located at 1301 6th Ave West, 6th Floor in Bradenton, Florida that received a Coronavirus-related PPP loan from the SBA of $3,882,600.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
252Loan Approved:
2020-04-10Lender:
FIFTH THIRD BANKSunz Holdings, LLC received a Paycheck Protection Loan of $3.88M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sunz Holdings, LLC's total 2019 payroll expenses were approximately $18.64M in order to qualify for the PPP loan amount received.
Based on their reported 252 jobs retained, this equals an estimated average yearly compensation of $73,954 per employee1.
Business Information - Sunz Holdings, LLC in Bradenton, FL
1301 6th Ave West, 6th Floor
Bradenton, FL 34205
Business Industry
All Other Insurance Related Activities (NAICS code 524298)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-16Similar Companies near Bradenton
In the Bradenton area, 3 businesses in the "All Other Insurance Related Activities" industry received a PPP loan. These local businesses reported an average of 125 employees (compared to this company's 252) and received an average PPP loan of $1,916,319 (compared to this company's $3.88M).
Similar Nearby Businesses Who Received PPP Funding:
Big Johnson Bail Bonds
Bradenton, FL
Accelevant Holdings, LLC
Bradenton, FL
Industry PPP Comparison Statistics
Nationwide, 5,456 businesses in the "All Other Insurance Related Activities" industry received a total of $365,950,045.00 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 5 employees, 98% lower than Sunz Holdings, LLC's reported 252 employees, and received an average PPP loan of $67,073, 98% lower than this company's loan of $3.88M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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