PPP Loan Data — Eustis Mortgage Corporation, New Orleans, LA
Eustis Mortgage Corporation is a corporation located at 798 S Rampart St in New Orleans, Louisiana that received a Coronavirus-related PPP loan from the SBA of $2,453,400.00 in April, 2020.
$ PPP Loan Information
Lender:WESTERN ALLIANCE BANK
Eustis Mortgage Corporation in New Orleans, LA received a Paycheck Protection Loan of $2.45M through WESTERN ALLIANCE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Eustis Mortgage Corporation's total 2019 payroll expenses were approximately $11.78M in order to qualify for the PPP loan amount received.
Based on their reported 139 jobs retained, this equals an estimated average yearly compensation of $84,722 per employee1.
Business Information - Eustis Mortgage Corporation in New Orleans, LA
798 S Rampart St
New Orleans, LA 70113
Real Estate Credit (NAICS code 522292)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: LA-02
Industry PPP Comparison Statistics
Nationwide, 1,706 businesses in the "Real Estate Credit" industry received a total of $570,275,600.00 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 21 employees, 85% lower than Eustis Mortgage Corporation's reported 139 employees, and received an average PPP loan of $334,276, 86% lower than this company's loan of $2.45M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!