PPP Loan Data — Homesale Realty Services Group Inc, Lancaster, PA
Homesale Realty Services Group Inc is a subchapter s corporation located at 215 South Centerville Road in Lancaster, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,799,000.00 in April, 2020.
The company has reported itself as a male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:FIRST NATIONAL BANK OF PENNSYLVANIA
Homesale Realty Services Group Inc in Lancaster, PA received a Paycheck Protection Loan of $3.8M through FIRST NATIONAL BANK OF PENNSYLVANIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Homesale Realty Services Group Inc's total 2019 payroll expenses were approximately $18.24M in order to qualify for the PPP loan amount received.
Unlike most businesses, Homesale Realty Services Group Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Homesale Realty Services Group Inc in Lancaster, PA
215 South Centerville Road
Lancaster, PA 17603
All Other Business Support Services (NAICS code 561499)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: PA-11
Similar Companies near Lancaster
In the Lancaster area, 32 businesses in the "All Other Business Support Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 0) and received an average PPP loan of $187,234 (compared to this company's $3.8M).
Similar Nearby Businesses Who Received PPP Funding:
Eastern Palace LLC
David R Campbell & Associates LLC
Empire Express Clean LLC
Luca On James, Inc.
The North Museum Corp
Resurrection Catholic School
Market Street Sports Group LLC
Smileys Deli & Food Market
Dog Sense LLC
Industry PPP Comparison Statistics
Nationwide, 28,906 businesses in the "All Other Business Support Services" industry received a total of $1,963,852,672.00 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, and received an average PPP loan of $67,939, 98% lower than this company's loan of $3.8M.
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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