PPP Loan Data — Wild Animals Brewing, LLC, Miami, FL
Wild Animals Brewing, LLC is a limited liability company (LLC) located at 2685 Nw 105th Ave in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $24,880.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
Wild Animals Brewing, LLC in Miami, FL received a Paycheck Protection Loan of $24,880 through JPMorgan Chase Bank, National Association, which was approved in May, 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 June, 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, Wild Animals Brewing, LLC's 2019 payroll expenses are estimated to be at least $119,424.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $29,856 per employee1
Reported PPP Proceed Usage:
On the PPP application, Wild Animals Brewing, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $14,455
- Rent: $10,425
Business Information - Wild Animals Brewing, LLC in Miami, FL
2685 Nw 105th Ave
Miami, FL 33172
Drinking Places (Alcoholic Beverages)
NAICS code 722410
Business Owner Demographics
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Miami
In the Miami area, 6 businesses in the "Drinking Places (Alcoholic Beverages)" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 4) and received an average PPP loan of $68,787 (compared to this company's $24,880).
Similar Nearby Businesses Who Received PPP Funding:
Let's Make A Daiquiri At The Dolphin Inc
Lounge Four, Inc
Brewville Dolphin Mall LLC
M.i.a. Brewing Co., Inc
Industry PPP Comparison Statistics
Nationwide, 46,930 businesses in the "Drinking Places (Alcoholic Beverages)" industry received a total of $2.81B 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, 200% higher than Wild Animals Brewing, LLC's reported 4 employees, and received an average PPP loan of $59,863, 141% higher than this company's loan of $24,880.
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Footnotes & Information
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