PPP Loan Data — Blue Heron Companies, LLC, Las Vegas, NV
Blue Heron Companies, LLC is a limited liability company (LLC) located at 7900 West Sunset Rd Suite 501 in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $2,148,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Zions Bank, A Division of
Blue Heron Companies, LLC in Las Vegas, NV received a Paycheck Protection Loan of $2.15M through Zions Bank, A Division of, which was approved in April, 2020.
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.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Blue Heron Companies, LLC's 2019 payroll expenses are estimated to be at least $10.31M.
Based on their reported 141 jobs retained, this equals an estimated average yearly compensation of $73,123 per employee1
Reported PPP Proceed Usage:
On the PPP application, Blue Heron Companies, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,148,000
Business Information - Blue Heron Companies, LLC in Las Vegas, NV
7900 West Sunset Rd Suite 501
Las Vegas, NV 89113
New Housing For-Sale Builders
NAICS code 236117
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 13,447 businesses in the "New Housing For-Sale Builders" industry received a total of $1.03B 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 7 employees, 95% lower than Blue Heron Companies, LLC's reported 141 employees, and received an average PPP loan of $76,411, 96% lower than this company's loan of $2.15M.
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.
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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