As part of the Paycheck Protection Program HOVEROUND CORPORATION was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

HOVEROUND CORPORATION


Loan Amount	$2,434,512
BusinessName	HOVEROUND CORPORATION
Address	2151 Whitfield Industrial Way
City	SARASOTA
State	FL
Zip	34243
NAICSCode	423450
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	223
DateApproved	04/11/2020
Lender	Bank of America, National Association
CD	FL-16
BusinessName.clean	HOVEROUND

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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