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PPP Loan Data — Community RV Investments LLC,
Houston, TX
Community RV Investments LLC
Entity: Limited Liability Company (LLC)
Industry: Miscellaneous Financial Investment Activities
Location: Houston, TX
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Community RV Investments LLC is a limited liability company (LLC) located at 10226 Georgibelle Dr Ste 5 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $33,332.00 in March, 2021.
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PPP Loan Information
Loan #1912078705
Loan Size:
Jobs Retained:
2Loan Approved:
2021-03-27Loan Status:
Ongoing LoanLender:
Moody National BankCommunity RV Investments LLC in Houston, TX received a Paycheck Protection Loan of $33,332 through Moody National Bank, which was approved in March, 2021.
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. The loan's status was last updated by the SBA in November, -0001.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Community RV Investments LLC's 2019 payroll expenses are estimated to be at least $159,994.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $79,997 per employee1
Reported PPP Proceed Usage:
On the PPP application, Community RV Investments LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $33,332
Business Information - Community RV Investments LLC in Houston, TX
10226 Georgibelle Dr Ste 5
Houston, TX 77043
Business Industry:
Miscellaneous Financial Investment Activities
NAICS code 523999
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Houston
In the Houston area, 9 businesses in the "Miscellaneous Financial Investment Activities" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 2) and received an average PPP loan of $40,989 (compared to this company's $33,332).
Similar Nearby Businesses Who Received PPP Funding:
Star Group Wealth Management, LLC
Houston, TX
Jklusk, LLC
Houston, TX
Financial Insurance & Risk Management Services, LLC
Houston, TX
The Cannon Workspace, LLC
Houston, TX
Rozanne Barone
Houston, TX
Karthik Guruswamy
Houston, TX
Cameron Michalski DBA None
Houston, TX
Lullo & Associates LLC
Houston, TX
Industry PPP Comparison Statistics
Nationwide, 12,454 businesses in the "Miscellaneous Financial Investment Activities" industry received a total of $574.95M 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 3 employees, 50% higher than Community RV Investments LLC's reported 2 employees, and received an average PPP loan of $46,166, 39% higher than this company's loan of $33,332.
Community RV Investments, LLC
Entity: Limited Liability Company (LLC)
Industry: RV (Recreational Vehicle) Parks and Campgrounds
Location: Houston, TX
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Community RV Investments, LLC is a limited liability company (LLC) located at 10226 Georgibelle Dr Ste 5 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $32,200.00 in May, 2020.
$
PPP Loan Information
Loan #3918017408
Loan Size:
Jobs Retained:
2Loan Approved:
2020-05-08Loan Status:
Paid in Full or ForgivenLender:
Moody National BankCommunity RV Investments, LLC in Houston, TX received a Paycheck Protection Loan of $32,200 through Moody National Bank, which was approved in May, 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 April, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Community RV Investments, LLC's 2019 payroll expenses are estimated to be at least $154,560.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $77,280 per employee1
Reported PPP Proceed Usage:
On the PPP application, Community RV Investments, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $32,200
Business Information - Community RV Investments, LLC in Houston, TX
10226 Georgibelle Dr Ste 5
Houston, TX 77043
Business Industry:
RV (Recreational Vehicle) Parks and Campgrounds
NAICS code 721211
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Houston
In the Houston area, 3 businesses in the "RV (Recreational Vehicle) Parks and Campgrounds" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 2) and received an average PPP loan of $41,529 (compared to this company's $32,200).
Similar Nearby Businesses Who Received PPP Funding:
Cedar Grove Park LLC
Houston, TX
Cedar Grove Park LLC
Housotn, TX
Industry PPP Comparison Statistics
Nationwide, 3,743 businesses in the "RV (Recreational Vehicle) Parks and Campgrounds" industry received a total of $192.7M 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 9 employees, 350% higher than Community RV Investments, LLC's reported 2 employees, and received an average PPP loan of $51,482, 60% higher than this company's loan of $32,200.
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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