PPP Loan Data — Home Services Holding Group, LLC, Redmond, WA
Home Services Holding Group, LLC is a limited liability company (LLC) located at 9680 153rd Ave Ne in Redmond, Washington that received a Coronavirus-related PPP loan from the SBA of $3,231,526.00 in April, 2020.
$ PPP Loan Information
Lender:WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION
Home Services Holding Group, LLC received a Paycheck Protection Loan of $3.23M through WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Home Services Holding Group, LLC's total 2019 payroll expenses were approximately $15.51M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $62,045 per employee1.
Business Information - Home Services Holding Group, LLC in Redmond, WA
9680 153rd Ave Ne
Redmond, WA 98052
Unclassified Establishments (NAICS code 999990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-01
Similar Companies near Redmond
In the Redmond area, 58 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 250) and received an average PPP loan of $98,995 (compared to this company's $3.23M).
Similar Nearby Businesses Who Received PPP Funding:
Bhakti Redmond LLC
C And C Partners LLC
True Warrior Way, LLC
Holisticare Therapeutic Services
Universal Qi Healing Center LLC
Keynote Discovery LLC
Industry PPP Comparison Statistics
Nationwide, 86,245 businesses in the "Unclassified Establishments" industry received a total of $3,723,225,376.00 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 6 employees, 98% lower than Home Services Holding Group, LLC's reported 250 employees, and received an average PPP loan of $43,170, 99% lower than this company's loan of $3.23M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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