PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — ZOO Miami Foundation, Miami, FL

ALERT: There are 2 PPP loans for a total of $727,000 in our database for businesses with the name "ZOO Miami Foundation" in Miami, FL. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for ZOO Miami Foundation
FL Nonprofit Organization

ZOO Miami Foundation

Entity: Non-profit Organization

Industry: Environment, Conservation and Wildlife Organizations

Location: Miami, FL

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ZOO Miami Foundation is a non-profit organization located at 12400 Sw 152nd St in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $363,500.00 in January, 2021.

$ PPP Loan Information
Loan #8601788308

Loan Size:

$363,500

Jobs Retained:

35

Loan Approved:

2021-01-29

Loan Status:

Ongoing Loan

Lender:

City National Bank of Florida

ZOO Miami Foundation in Miami, FL received a Paycheck Protection Loan of $363,500 through City National Bank of Florida, which was approved in January, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA. The loan's status was last updated by the SBA in November, -0001.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, ZOO Miami Foundation's 2019 payroll expenses are estimated to be at least $1.74M.

Based on their reported 35 jobs retained, this equals an estimated average yearly compensation of $49,851 per employee1

Reported PPP Proceed Usage:

On the PPP application, ZOO Miami Foundation reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $363,500

Business Information - ZOO Miami Foundation in Miami, FL

ZOO Miami Foundation
12400 Sw 152nd St
Miami, FL 33177

Business Industry:
Environment, Conservation and Wildlife Organizations
NAICS code 813312

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Miami-dade County, FL — SBA Office 0455 — Congressional District: FL-26

Industry PPP Comparison Statistics

Nationwide, 3,905 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a total of $506.26M 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 14 employees, 60% lower than ZOO Miami Foundation's reported 35 employees, and received an average PPP loan of $129,644, 64% lower than this company's loan of $363,500.

SBA PPP loan data, payroll data, and salaries for ZOO Miami Foundation
FL Nonprofit Organization

ZOO Miami Foundation

Entity: Non-profit Organization

Industry: Civic and Social Organizations

Location: Miami, FL

Search All PPP Data

ZOO Miami Foundation is a non-profit organization located at 12400 Southwest 152nd Street in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $363,500.00 in April, 2020.

$ PPP Loan Information
Loan #5023457300

Loan Size:

$363,500

Jobs Retained:

61

Loan Approved:

2020-04-30

Loan Status:

Paid in Full or Forgiven

Lender:

City National Bank of Florida

ZOO Miami Foundation in Miami, FL received a Paycheck Protection Loan of $363,500 through City National Bank of Florida, 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 September, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, ZOO Miami Foundation's 2019 payroll expenses are estimated to be at least $1.74M.

Based on their reported 61 jobs retained, this equals an estimated average yearly compensation of $28,603 per employee1

Reported PPP Proceed Usage:

On the PPP application, ZOO Miami Foundation reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $272,625
  • Utilities: $90,875

Business Information - ZOO Miami Foundation in Miami, FL

ZOO Miami Foundation
12400 Southwest 152nd Street
Miami, FL 33177

Business Industry:
Civic and Social Organizations
NAICS code 813410

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Miami-dade County, FL — SBA Office 0455 — Congressional District: FL-26

Similar Companies near Miami

In the Miami area, 7 businesses in the "Civic and Social Organizations" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 61) and received an average PPP loan of $59,233 (compared to this company's $363,500).

Industry PPP Comparison Statistics

Nationwide, 18,467 businesses in the "Civic and Social Organizations" industry received a total of $2.6B 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 20 employees, 67% lower than ZOO Miami Foundation's reported 61 employees, and received an average PPP loan of $140,720, 61% lower than this company's loan of $363,500.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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Source: www.federalpay.org/paycheck-protection-program/zoo-miami-foundation-miami-fl