PPP Loan Data — Home Page Realty LLC, Louisville, KY
Home Page Realty LLC is a limited liability company (LLC) located at 4050 Westport Road in Louisville, Kentucky that received a Coronavirus-related PPP loan from the SBA of $46,182.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Commonwealth Bank & Trust Company
Home Page Realty LLC in Louisville, KY received a Paycheck Protection Loan of $46,182 through Commonwealth Bank & Trust Company, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Home Page Realty LLC's 2019 payroll expenses are estimated to be at least $221,674.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $31,668 per employee1
Reported PPP Proceed Usage:
On the PPP application, Home Page Realty LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,182
Business Information - Home Page Realty LLC in Louisville, KY
4050 Westport Road
Louisville, KY 40207
Offices of Real Estate Agents and Brokers
NAICS code 531210
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Louisville
In the Louisville area, 101 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 7) and received an average PPP loan of $19,636 (compared to this company's $46,182).
Similar Nearby Businesses Who Received PPP Funding:
Thomas Lee Weyland
Only Epic Holdings, Inc
Notary Babez LLC
PML Equipment LLC
Olivia Eberenz Realtor
Kathy Hinkebein, Inc
Industry PPP Comparison Statistics
Nationwide, 255,794 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.75B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 2 employees, 71% lower than Home Page Realty LLC's reported 7 employees, and received an average PPP loan of $22,469, 51% lower than this company's loan of $46,182.
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Footnotes & Information
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