PPP Loan Data — Warehouses By The Falls L P, Miami, FL
Warehouses By The Falls L P
Location: Miami, FLTweet This • Search All PPP Data
Warehouses By The Falls L P is a partnership located at 8896 129th St in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $47,030.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First Horizon Bank
Warehouses By The Falls L P in Miami, FL received a Paycheck Protection Loan of $47,030 through First Horizon Bank, which was approved in April, 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, Warehouses By The Falls L P's 2019 payroll expenses are estimated to be at least $225,744.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $56,436 per employee1
Reported PPP Proceed Usage:
On the PPP application, Warehouses By The Falls L P reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $47,030
Business Information - Warehouses By The Falls L P in Miami, FL
8896 129th St
Miami, FL 33176
Lessors of Nonresidential Buildings (except Miniwarehouses)
NAICS code 531120
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Miami
In the Miami area, 17 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 4) and received an average PPP loan of $61,765 (compared to this company's $47,030).
Similar Nearby Businesses Who Received PPP Funding:
Continental Property & Casualty III Inc
Coral Gables, FL
SD Collaborative Inc
Forth Avenue Developers
Signature Property Inspections, Inc
Spotless Carts LLC
Coral Management Inc
Industry PPP Comparison Statistics
Nationwide, 19,255 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a total of $1.72B 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 10 employees, 150% higher than Warehouses By The Falls L P's reported 4 employees, and received an average PPP loan of $89,367, 90% higher than this company's loan of $47,030.
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