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PPP Loan Data — Freedom Plaza Operating Company LLC,
Peoria, AZ
Freedom Plaza Operating Company LLC
Entity: Limited Liability Company (LLC)
Industry: Residential Property Managers
Location: Peoria, AZ
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Freedom Plaza Operating Company LLC is a limited liability company (LLC) located at 13373 Plaza Del Rio Blvd in Peoria, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,827,300.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
411Loan Approved:
2020-04-11Lender:
SUNWEST BANKFreedom Plaza Operating Company LLC in Peoria, AZ received a Paycheck Protection Loan of $2.83M through SUNWEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Freedom Plaza Operating Company LLC's total 2019 payroll expenses were approximately $13.57M in order to qualify for the PPP loan amount received.
Based on their reported 411 jobs retained, this equals an estimated average yearly compensation of $33,020 per employee1.
Business Information - Freedom Plaza Operating Company LLC in Peoria, AZ
13373 Plaza Del Rio Blvd
Peoria, AZ 85381
Business Industry
Residential Property Managers (NAICS code 531311)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: AZ-08Similar Companies near Peoria
In the Peoria area, 4 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 118 employees (compared to this company's 411) and received an average PPP loan of $856,123 (compared to this company's $2.83M).
Similar Nearby Businesses Who Received PPP Funding:
Property Management Real Estate Services, Inc.
Peoria, AZ
Planned Development Services, Inc.
Peoria, AZ
Thrive Community Management, LLC
Peoria, AZ
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, 98% lower than Freedom Plaza Operating Company LLC's reported 411 employees, and received an average PPP loan of $114,517, 96% lower than this company's loan of $2.83M.
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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