PPP Loan Data — Good Neighbor Holdings, Richmond, VA
Good Neighbor Holdings
Location: Richmond, VATweet This • Search All PPP Data
Good Neighbor Holdings is a corporation located at 7501 Boulder View Drive in Richmond, Virginia that received a Coronavirus-related PPP loan from the SBA of $3,982,763.00 in April, 2020.
$ PPP Loan Information
Lender:SOUTH STATE BANK, NATIONAL ASSOCIATION
Good Neighbor Holdings in Richmond, VA received a Paycheck Protection Loan of $3.98M through SOUTH STATE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Good Neighbor Holdings' total 2019 payroll expenses were approximately $19.12M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $38,235 per employee1.
Business Information - Good Neighbor Holdings in Richmond, VA
7501 Boulder View Drive
Richmond, VA 23225
Residential Intellectual and Developmental Disability Facilities (NAICS code 623210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-07
Similar Companies near Richmond
In the Richmond area, 3 businesses in the "Residential Intellectual and Developmental Disability Facilities" industry received a PPP loan. These local businesses reported an average of 176 employees (compared to this company's 500) and received an average PPP loan of $1,368,443 (compared to this company's $3.98M).
Similar Nearby Businesses Who Received PPP Funding:
Hands Of Unity
Nurturing Arms Support Services
Industry PPP Comparison Statistics
Nationwide, 1,775 businesses in the "Residential Intellectual and Developmental Disability Facilities" industry received a total of $836,841,517.00 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 61 employees, 88% lower than Good Neighbor Holdings' reported 500 employees, and received an average PPP loan of $471,460, 88% lower than this company's loan of $3.98M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!