PPP Loan Data — Anchor Loans, LP, Calabasas, CA
Anchor Loans, LP is a limited liability partnership located at 5230 Las Virgenes Rd in Calabasas, California that received a Coronavirus-related PPP loan from the SBA of $2,436,008.00 in April, 2020.
$ PPP Loan Information
Lender:PACIFIC WESTERN BANK
Anchor Loans, LP received a Paycheck Protection Loan of $2.44M through PACIFIC WESTERN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Anchor Loans, LP's total 2019 payroll expenses were approximately $11.69M in order to qualify for the PPP loan amount received.
Based on their reported 155 jobs retained, this equals an estimated average yearly compensation of $75,438 per employee1.
Business Information - Anchor Loans, LP in Calabasas, CA
5230 Las Virgenes Rd
Calabasas, CA 91302
Real Estate Credit (NAICS code 522292)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-30
Similar Companies near Calabasas
In the Calabasas area, 6 businesses in the "Real Estate Credit" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 155) and received an average PPP loan of $1,124,564 (compared to this company's $2.44M).
Similar Nearby Businesses Who Received PPP Funding:
Athas Capital Group, Inc.
Agoura Hills, CA
Mega Capital Funding, Inc.
CNC Investments, Inc.
Union Home Loan, Inc.
Karami Investment Inc.
Agoura Hills, CA
Industry PPP Comparison Statistics
Nationwide, 1,706 businesses in the "Real Estate Credit" industry received a total of $570,275,600.00 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 21 employees, 86% lower than Anchor Loans, LP's reported 155 employees, and received an average PPP loan of $334,276, 86% lower than this company's loan of $2.44M.
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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