Fast Cash Check Advance, Inc is just an organization found at 60 Sw Beal Parkway in Fort Walton Beach, Florida that received A coronavirus-related ppp loan from the SBA of $9,849.00 in April, 2020.
$ PPP Loan Information
Fast Cash Check Advance, Inc received a Paycheck Protection Loan of $9,849 through FNBT Bank, that was authorized in April, 2020.
Centered on standard PPP eligibility guidelines, Fast money Check Advance, Inc's total 2019 payroll costs had been about $47,275 so that you can be eligible for a the PPP loan amount received.
Considering their reported 3 jobs retained, this equals an estimated typical yearly payment of $15,758 per worker 1 )
The business reported utilizing the profits of the PPP loan for the following expenses:
Payroll: $9,849 вЂ” Resources: $0 вЂ” Mortgage Interest: $0 вЂ” Rent: $0 вЂ” Refinance EIDL: $0 вЂ” Medical Care: $0 вЂ” Financial Obligation Interest: $0
SBA Loan Quantity 4917467101
Company Ideas – Fast Money Check Always Advance, Inc in Fort Walton Beach, FL
Race / Ethnicity: Unreported
Veteran Reputation: Unreported
Congressional District: FL-01
Industry PPP Comparison Statistics
Nationwide, 1,931 companies into the "Other tasks associated with Credit Intermediation" industry received a complete of $197,593,556.00 in PPP loans. These firms account fully for 0% of total PPP applications presented, and received 0% for the PPP funding that is total allocated.
PPP recipients in this industry report on average 11 workers, 267% greater than Fast Cash Check Advance, Inc's reported 3 workers, and received a normal ppp loan of $102,327, 939% more than this provider's loan of $9,849.
Paycheck Protection Loan information was made general general public because of the small company Administration (SBA) for several companies that are private received a PPP loan.
All information exhibited about this web web web page is publicly available information under PPP loan tips, in compliance with 5 U.S.C. В§ 552 (Freedom of data Act) and 5 U.S.C. В§ 552a (the Privacy Act) and it is published unmodified, as given by the SBA. FederalPay will not alter the information and makes no claims regarding its precision.
Any modifications or customizations for this information can just only be produced through the SBA. To learn more, please see the FederalPay PPP Data Policy.
Footnotes & Ideas
1. Payroll and wage quotes assume the debtor utilized the conventional PPP calculation of 2.5 x typical 2019 payroll that is monthly to find out PPP loan eligibility. Calculation techniques differ according to entity kind. Please browse the official that is latest SBA PPP calculation guidelines for a complete description of PPP loan quantity calculation practices.
2. If a business's reported quantity of workers divided by the maximum PPP range quantity per the SBA is higher than $100,000, the predicted optimum PPP loan gotten by the business could be adjusted right down to assume a maximum of $100,000 salary that is yearly worker had been utilized in the PPP application. While workers in the business may earn significantly more, $/ that are 100k is the most which you can use in PPP eligibility calculations.
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