PPP Loan Data — County Road Limited Partnership, Fairfax, VA
County Road Limited Partnership is a limited liability partnership located at 9521 Blake Ln Ste T1 in Fairfax, Virginia that received a Coronavirus-related PPP loan from the SBA of $25,016.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of America, National Association
County Road Limited Partnership in Fairfax, VA received a Paycheck Protection Loan of $25,016 through Bank of America, National Association, 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
Understanding Payroll Estimates Based On PPP Amount
Based 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, County Road Limited Partnership's 2019 payroll expenses are estimated to be at least $120,077.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,026 per employee1
Reported PPP Proceed Usage:
On the PPP application, County Road Limited Partnership reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,016
Business Information - County Road Limited Partnership in Fairfax, VA
9521 Blake Ln Ste T1
Fairfax, VA 22031
Offices of Real Estate Agents and Brokers
NAICS code 531210
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Fairfax
In the Fairfax area, 122 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 3) and received an average PPP loan of $18,002 (compared to this company's $25,016).
Similar Nearby Businesses Who Received PPP Funding:
Cambridge Estates LLC
RE Smart LLC
Delta Realty Services
Industry PPP Comparison Statistics
Nationwide, 255,794 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.75B 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, 33% lower than County Road Limited Partnership's reported 3 employees, and received an average PPP loan of $22,469, 10% lower than this company's loan of $25,016.
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Footnotes & Information
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