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PPP Loan Data — Anchor Loans, LP, Calabasas, CA

SBA PPP loan data, payroll data, and salaries for Anchor Loans, LP
CA

Anchor Loans, LP

Entity: Limited Liability Partnership

Industry: Real Estate Credit

Location: Calabasas, CA

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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

Loan Size:

$2.44M

Jobs Retained:

155

Loan Approved:

2020-04-28

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.

Because the loan received by Anchor Loans, LP is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Anchor Loans, LP in Calabasas, CA

Anchor Loans, LP
5230 Las Virgenes Rd
Calabasas, CA 91302

Business Industry

Real Estate Credit (NAICS code 522292)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/anchor-loans-lp-calabasas-ca