PPP Loan Data — Hayden Homes, LLC, Redmond, OR
Hayden Homes, LLC is a limited liability company (LLC) located at 2464 Sw Glacier Pl in Redmond, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,696,300.00 in April, 2020.
$ PPP Loan Information
Hayden Homes, LLC in Redmond, OR received a Paycheck Protection Loan of $2.7M through UMPQUA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hayden Homes, LLC's total 2019 payroll expenses were approximately $12.94M in order to qualify for the PPP loan amount received.
Based on their reported 134 jobs retained, this equals an estimated average yearly compensation of $96,584 per employee1.
Business Information - Hayden Homes, LLC in Redmond, OR
2464 Sw Glacier Pl
Redmond, OR 97756
New Housing For-Sale Builders (NAICS code 236117)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-02
Similar Companies near Redmond
In the Redmond area, 5 businesses in the "New Housing For-Sale Builders" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 134) and received an average PPP loan of $764,729 (compared to this company's $2.7M).
Similar Nearby Businesses Who Received PPP Funding:
Hayden Homes Idaho, LLC
JD Neel Construction Inc.
Dunlap Fine Homes
Sunwest One Inc
Industry PPP Comparison Statistics
Nationwide, 7,736 businesses in the "New Housing For-Sale Builders" industry received a total of $770,266,772.00 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 7 employees, 95% lower than Hayden Homes, LLC's reported 134 employees, and received an average PPP loan of $99,569, 96% lower than this company's loan of $2.7M.
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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