PPP Loan Data — XEC, LLC,
Orlando, FL
XEC, LLC
Entity: Limited Liability Company (LLC)
Industry: Medicinal and Botanical Manufacturing
Location: 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
Loan Size:
Jobs Retained:
422Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONXEC, 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
Business Industry
Medicinal and Botanical Manufacturing (NAICS code 325411)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-10Similar 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
Orlando, FL
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.
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.
Footnotes & Information
1. 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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