PPP Loan Data — Guaranty RV Inc, Junction City, OR
Guaranty RV Inc is a corporation located at 20 Highway 99 S in Junction City, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,998,813.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Guaranty RV Inc in Junction City, OR received a Paycheck Protection Loan of $3M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Guaranty RV Inc's total 2019 payroll expenses were approximately $14.39M in order to qualify for the PPP loan amount received.
Based on their reported 488 jobs retained, this equals an estimated average yearly compensation of $29,497 per employee1.
Business Information - Guaranty RV Inc in Junction City, OR
20 Highway 99 S
Junction City, OR 97448
Recreational Vehicle Dealers (NAICS code 441210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-04
Similar Companies near Junction City
In the Junction City area, 3 businesses in the "Recreational Vehicle Dealers" industry received a PPP loan. These local businesses reported an average of 169 employees (compared to this company's 488) and received an average PPP loan of $1,069,503 (compared to this company's $3M).
Similar Nearby Businesses Who Received PPP Funding:
Premier RV & Boat Storage And Services
Junction City, OR
Summit RV & Auto LLC
Junction City, OR
Industry PPP Comparison Statistics
Nationwide, 2,269 businesses in the "Recreational Vehicle Dealers" industry received a total of $427,538,087.00 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 16 employees, 97% lower than Guaranty RV Inc's reported 488 employees, and received an average PPP loan of $188,426, 94% lower than this company's loan of $3M.
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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