PPP Loan Data — XEC, LLC, Orlando, FL
XEC, LLC is a limited liability company (LLC) located at 6900 Kingspointe Pkwy in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $4,054,483.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
XEC, LLC received a Paycheck Protection Loan of $4.05M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, XEC, LLC's total 2019 payroll expenses were approximately $19.46M in order to qualify for the PPP loan amount received.
Based on their reported 422 jobs retained, this equals an estimated average yearly compensation of $46,117 per employee1.
Business Information - XEC, LLC in Orlando, FL
6900 Kingspointe Pkwy
Orlando, FL 32819
Medicinal and Botanical Manufacturing (NAICS code 325411)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-10
Similar Companies near Orlando
In the Orlando area, 2 businesses in the "Medicinal and Botanical Manufacturing" industry received a PPP loan. These local businesses reported an average of 213 employees (compared to this company's 422) and received an average PPP loan of $2,030,595 (compared to this company's $4.05M).
Similar Nearby Businesses Who Received PPP Funding:
Cosmetic Supplies USA Inc
Industry PPP Comparison Statistics
Nationwide, 591 businesses in the "Medicinal and Botanical Manufacturing" industry received a total of $143,662,816.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 19 employees, 95% lower than XEC, LLC's reported 422 employees, and received an average PPP loan of $243,084, 94% lower than this company's loan of $4.05M.
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Footnotes & Information
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