PPP Loan Data — Vistacare Pharmacy Services, LLC, Tampa, FL
Vistacare Pharmacy Services, LLC is a limited liability company (LLC) located at 1441 E Fletcher Ave 113 in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $46,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Hancock Whitney Bank
Vistacare Pharmacy Services, LLC in Tampa, FL received a Paycheck Protection Loan of $46,400 through Hancock Whitney Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.
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, Vistacare Pharmacy Services, LLC's 2019 payroll expenses are estimated to be at least $222,720.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,544 per employee1
Reported PPP Proceed Usage:
On the PPP application, Vistacare Pharmacy Services, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,400
Business Information - Vistacare Pharmacy Services, LLC in Tampa, FL
1441 E Fletcher Ave 113
Tampa, FL 33612
Pharmacies and Drug Stores
NAICS code 446110
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Tampa
In the Tampa area, 16 businesses in the "Pharmacies and Drug Stores" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 5) and received an average PPP loan of $46,404 (compared to this company's $46,400).
Similar Nearby Businesses Who Received PPP Funding:
My Prescription Coach LLC
A. Liliko'i Pharmacy
Pronto Pharmacy LLC
Pronto Pharmacy Lls
Benzer FL 17 LLC
Romat Ventures Inc
Tita Healthcare Inc
Narayan Pharmacy LLC
Industry PPP Comparison Statistics
Nationwide, 18,035 businesses in the "Pharmacies and Drug Stores" industry received a total of $1.7B 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 12 employees, 140% higher than Vistacare Pharmacy Services, LLC's reported 5 employees, and received an average PPP loan of $94,214, 103% higher than this company's loan of $46,400.
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