PPP Loan Data — U.s. Facilities Inc, Miami, FL
U.s. Facilities Inc is a corporation located at 15706 Sw 72 St in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $46,146.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:FirstBank Puerto Rico
U.s. Facilities Inc in Miami, FL received a Paycheck Protection Loan of $46,146 through FirstBank Puerto Rico, which was approved in May, 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, U.s. Facilities Inc's 2019 payroll expenses are estimated to be at least $221,501.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $73,834 per employee1
Reported PPP Proceed Usage:
On the PPP application, U.s. Facilities Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $34,610
- Utilities: $6,314
- Rent: $5,222
Business Information - U.s. Facilities Inc in Miami, FL
15706 Sw 72 St
Miami, FL 33193
NAICS code 236118
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Miami
In the Miami area, 98 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 3) and received an average PPP loan of $16,313 (compared to this company's $46,146).
Similar Nearby Businesses Who Received PPP Funding:
Greter Arencibia Cuesta
Robbin Perez Hernandez
Complete Construction Services Of FL LLC
Multi-Stop Service Corp
Juan D Lima
Custom Painting By Seidel
Industry PPP Comparison Statistics
Nationwide, 175,017 businesses in the "Residential Remodelers" industry received a total of $5.32B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, the same amount reported by U.s. Facilities Inc and received an average PPP loan of $30,405, 34% lower than this company's loan of $46,146.
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