PPP Loan Data — Century2 LLC, Greenville, MS
Century2 LLC is a limited liability company (LLC) located at 1215 S Main St in Greenville, Mississippi that received a Coronavirus-related PPP loan from the SBA of $2,778,178.00 in April, 2020.
$ PPP Loan Information
Century2 LLC in Greenville, MS received a Paycheck Protection Loan of $2.78M through SYNOVUS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Century2 LLC's total 2019 payroll expenses were approximately $13.34M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $26,671 per employee1.
Business Information - Century2 LLC in Greenville, MS
1215 S Main St
Greenville, MS 38701
Offices of Real Estate Agents and Brokers (NAICS code 531210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MS-02
Similar Companies near Greenville
In the Greenville area, 5 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 101 employees (compared to this company's 500) and received an average PPP loan of $559,954 (compared to this company's $2.78M).
Similar Nearby Businesses Who Received PPP Funding:
AL Brock Real Estate & Construction & Brock Rentals
BJA Realty LLC
Homeland Realty, LLC
Mary Frances Lang
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, 100% lower than Century2 LLC's reported 500 employees, and received an average PPP loan of $28,316, 99% lower than this company's loan of $2.78M.
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.
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