PPP Loan Data — TA Group Acquisition LLC, Orlando, FL
TA Group Acquisition LLC is a limited liability company (LLC) located at 618 E South St Ste 500 in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $25,142.00 in July, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
TA Group Acquisition LLC in Orlando, FL received a Paycheck Protection Loan of $25,142 through Quontic Bank, which was approved in July, 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, TA Group Acquisition LLC's 2019 payroll expenses are estimated to be at least $120,682.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,227 per employee1
Reported PPP Proceed Usage:
On the PPP application, TA Group Acquisition LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,142
Business Information - TA Group Acquisition LLC in Orlando, FL
618 E South St Ste 500
Orlando, FL 32801
Other Direct Selling Establishments
NAICS code 454390
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 38,556 businesses in the "Other Direct Selling Establishments" industry received a total of $1.23B 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 TA Group Acquisition LLC and received an average PPP loan of $32,022, 27% higher than this company's loan of $25,142.
FederalPay's PPP Information Policy
Footnotes & Information
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