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PPP Loan Data — Brance Reeves Realtor,
Jonesboro, AR
Brance Reeves Realtor
Entity: Sole Proprietorship
Industry: Offices of Real Estate Agents and Brokers
Location: Jonesboro, AR
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Brance Reeves Realtor is a sole proprietorship located in Jonesboro, Arkansas that received a Coronavirus-related PPP loan from the SBA of $7,358.00 in April, 2020.
$
PPP Loan Information
Loan #2737737310
Loan Size:
Jobs Retained:
1Loan Approved:
2020-04-29Loan Status:
Paid in Full or ForgivenLender:
First Community BankBrance Reeves Realtor in Jonesboro, AR received a Paycheck Protection Loan of $7,358 through First Community Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in July, 2021.
Reported PPP Proceed Usage:
On the PPP application, Brance Reeves Realtor reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $5,518
- Utilities: $1,839
Business Information - Brance Reeves Realtor in Jonesboro, AR
Jonesboro, AR
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Offices of Real Estate Agents and Brokers
NAICS code 531210
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: New Business or 2 years or less
LMI Zone: Y
HUBZone: N
Rural / Urban: Rural
Similar Companies near Jonesboro
In the Jonesboro area, 64 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $17,295 (compared to this company's $7,358).
Similar Nearby Businesses Who Received PPP Funding:
Monty May
Jonesboro, AR
Wright-Pace, LLC
Jonesboro, AR
Warren Real Estate Group LLC
Jonesboro, AR
Brenda Dacus
Jonesboro, AR
Connie Lindemann
Jonesboro, AR
Steve Collar
Jonesboro, AR
Compass Rose Realty, LLC
Jonesboro, AR
Jonathan Russell
Jonesboro, AR
Kelly Ann Blaxton
Jonesboro, AR
Industry PPP Comparison Statistics
Nationwide, 251,917 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.68B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 2 employees, 100% higher than Brance Reeves Realtor's reported 1 employees, and received an average PPP loan of $22,541, 206% higher than this company's loan of $7,358.
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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