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PPP Loan Data — Holladay Property Services Midwest, Inc.,
South Bend, IN
Holladay Property Services Midwest, Inc.
Entity: Subchapter S Corporation
Industry: Other Activities Related to Real Estate
Location: South Bend, IN
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Holladay Property Services Midwest, Inc. is a subchapter s corporation located at 3454 Douglas Rd in South Bend, Indiana that received a Coronavirus-related PPP loan from the SBA of $4,333,100.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
246Loan Approved:
2020-04-06Lender:
CENTIER BANKHolladay Property Services Midwest, Inc. in South Bend, IN received a Paycheck Protection Loan of $4.33M through CENTIER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Holladay Property Services Midwest, Inc.'s total 2019 payroll expenses were approximately $20.8M in order to qualify for the PPP loan amount received.
Based on their reported 246 jobs retained, this equals an estimated average yearly compensation of $84,548 per employee1.
Business Information - Holladay Property Services Midwest, Inc. in South Bend, IN
3454 Douglas Rd
South Bend, IN 46635
Business Industry
Other Activities Related to Real Estate (NAICS code 531390)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IN-02Industry PPP Comparison Statistics
Nationwide, 36,088 businesses in the "Other Activities Related to Real Estate" industry received a total of $2,270,983,687.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Holladay Property Services Midwest, Inc.'s reported 246 employees, and received an average PPP loan of $62,929, 99% lower than this company's loan of $4.33M.
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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