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PPP Loan Data — USG Management Services Of Florida, Inc, Tampa, FL

SBA PPP loan data, payroll data, and salaries for USG Management Services Of Florida, Inc
FL

USG Management Services Of Florida, Inc

Entity: Subchapter S Corporation

Industry: Insurance Agencies and Brokerages

Location: Tampa, FL

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USG Management Services Of Florida, Inc is a subchapter s corporation located at 3810 Northdale Blvd in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $2,464,269.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.46M

Jobs Retained:

212

Loan Approved:

2020-04-11

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

USG Management Services Of Florida, Inc received a Paycheck Protection Loan of $2.46M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, USG Management Services Of Florida, Inc's total 2019 payroll expenses were approximately $11.83M in order to qualify for the PPP loan amount received.

Based on their reported 212 jobs retained, this equals an estimated average yearly compensation of $55,795 per employee1.

Because the loan received by USG Management Services Of Florida, Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - USG Management Services Of Florida, Inc in Tampa, FL

USG Management Services Of Florida, Inc
3810 Northdale Blvd
Tampa, FL 33624

Business Industry

Insurance Agencies and Brokerages (NAICS code 524210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: FL-14

Similar Companies near Tampa

In the Tampa area, 21 businesses in the "Insurance Agencies and Brokerages" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 212) and received an average PPP loan of $153,901 (compared to this company's $2.46M).

Industry PPP Comparison Statistics

Nationwide, 90,958 businesses in the "Insurance Agencies and Brokerages" industry received a total of $4,494,836,388.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 4 employees, 98% lower than USG Management Services Of Florida, Inc's reported 212 employees, and received an average PPP loan of $49,417, 98% lower than this company's loan of $2.46M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/usg-management-services-of-florida-inc-tampa-fl