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PPP Loan Data — Vincent Luz, St. Augustine, FL

SBA PPP loan data, payroll data, and salaries for Vincent Luz
FL

Vincent Luz

Entity: Sole Proprietorship

Industry: Offices of Physicians (except Mental Health Specialists)

Location: St. Augustine, FL

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Vincent Luz is a sole proprietorship located in St. Augustine, Florida that received a Coronavirus-related PPP loan from the SBA of $10,417.00 in August, 2020.

The company has reported itself as a male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #5357508200

Loan Size:

$10,417

Jobs Retained:

1

Loan Approved:

2020-08-07

Loan Status:

Ongoing Loan

Lender:

South State Bank, National Association

Vincent Luz in St. Augustine, FL received a Paycheck Protection Loan of $10,417 through South State Bank, National Association, which was approved in August, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Vincent Luz reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $10,417

Business Information - Vincent Luz in St. Augustine, FL

Vincent Luz
St. Augustine, FL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Saint Johns County, FL — SBA Office 0491 — Congressional District: FL-04

Similar Companies near St. Augustine

In the St. Augustine area, 44 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 1) and received an average PPP loan of $144,756 (compared to this company's $10,417).

Industry PPP Comparison Statistics

Nationwide, 177,068 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 3% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 1000% higher than Vincent Luz's reported 1 employees, and received an average PPP loan of $119,004, 1042% higher than this company's loan of $10,417.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. 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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Source: www.federalpay.org/paycheck-protection-program/vincent-luz-st-augustine-fl