FederalPay.org
PPP Loan Data — Cambridge Real Estate Services Inc,
Portland, OR
Cambridge Real Estate Services Inc
Entity: Subchapter S Corporation
Industry: Offices of Real Estate Agents and Brokers
Location: Portland, OR
Tweet This
•
Search All PPP Data
Cambridge Real Estate Services Inc is a subchapter s corporation located at 1107 Nw 14th Ave in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,886,210.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-05-01Lender:
WELLS FARGO BANK, NATIONAL ASSOCIATIONCambridge Real Estate Services Inc in Portland, OR received a Paycheck Protection Loan of $2.89M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Cambridge Real Estate Services Inc's total 2019 payroll expenses were approximately $13.85M in order to qualify for the PPP loan amount received.
Unlike most businesses, Cambridge Real Estate Services Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Cambridge Real Estate Services Inc in Portland, OR
1107 Nw 14th Ave
Portland, OR 97209
Business Industry
Offices of Real Estate Agents and Brokers (NAICS code 531210)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OR-01Similar Companies near Portland
In the Portland area, 24 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 0) and received an average PPP loan of $184,641 (compared to this company's $2.89M).
Similar Nearby Businesses Who Received PPP Funding:
Lakecrest Realty Group LLC
Portland, OR
Michael Maloney
Portland, OR
Carter Gregory Beyl
Portland, OR
Tilbury Ferguson Investment Real Estate
Portland, OR
Trillium Real Estate Group LLC
Portland, OR
Christian Mueller
Portland, OR
Benjamin Murphy LLC
Portland, OR
Wshc, LLC
Portland, OR
Industry PPP Comparison Statistics
Nationwide, 123,031 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $3,483,797,893.00 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, and received an average PPP loan of $28,316, 99% lower than this company's loan of $2.89M.
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, 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.
Have FederalPay.org's open data tools been valuable? Consider donating!