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PPP Loan Data — Common Interest Management Holdings, LLC, Danville, CA

SBA PPP loan data, payroll data, and salaries for Common Interest Management Holdings, LLC
CA

Common Interest Management Holdings, LLC

Entity: Limited Liability Company (LLC)

Industry: Residential Property Managers

Location: Danville, CA

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Common Interest Management Holdings, LLC is a limited liability company (LLC) located at 315 Diablo Rd Ste 221 in Danville, California that received a Coronavirus-related PPP loan from the SBA of $2,545,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.55M

Jobs Retained:

178

Loan Approved:

2020-04-14

Lender:

FIRST REPUBLIC BANK

Common Interest Management Holdings, LLC in Danville, CA received a Paycheck Protection Loan of $2.55M through FIRST REPUBLIC BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Common Interest Management Holdings, LLC's total 2019 payroll expenses were approximately $12.22M in order to qualify for the PPP loan amount received.

Based on their reported 178 jobs retained, this equals an estimated average yearly compensation of $68,648 per employee1.

Because the loan received by Common Interest Management Holdings, LLC 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 - Common Interest Management Holdings, LLC in Danville, CA

Common Interest Management Holdings, LLC
315 Diablo Rd Ste 221
Danville, CA 94526

Business Industry

Residential Property Managers (NAICS code 531311)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: NON-VETERAN

Congressional District: CA-11

Similar Companies near Danville

In the Danville area, 8 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 28 employees (compared to this company's 178) and received an average PPP loan of $379,035 (compared to this company's $2.55M).

Industry PPP Comparison Statistics

Nationwide, 20,591 businesses in the "Residential Property Managers" industry received a total of $2,358,014,158.00 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 10 employees, 94% lower than Common Interest Management Holdings, LLC's reported 178 employees, and received an average PPP loan of $114,517, 96% lower than this company's loan of $2.55M.

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.

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/common-interest-management-holdings-llc-danville-ca