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PPP Loan Data — National Community Renaissance,
Rancho Cucamonga, CA
National Community Renaissance
Entity: Corporation
Industry: Nonresidential Property Managers
Location: Rancho Cucamonga, CA
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National Community Renaissance is a corporation located at 9421 Haven Ave in Rancho Cucamonga, California that received a Coronavirus-related PPP loan from the SBA of $3,800,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 361 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
361Loan Approved:
2020-04-15Lender:
CITIZENS BUSINESS BANKNational Community Renaissance in Rancho Cucamonga, CA received a Paycheck Protection Loan of $3.8M through CITIZENS BUSINESS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, National Community Renaissance's total 2019 payroll expenses were approximately $18.24M in order to qualify for the PPP loan amount received.
Based on their reported 361 jobs retained, this equals an estimated average yearly compensation of $50,526 per employee1.
Business Information - National Community Renaissance in Rancho Cucamonga, CA
9421 Haven Ave
Rancho Cucamonga, CA 91730
Business Industry
Nonresidential Property Managers (NAICS code 531312)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: CA-31Similar Companies near Rancho Cucamonga
In the Rancho Cucamonga area, 9 businesses in the "Nonresidential Property Managers" industry received a PPP loan. These local businesses reported an average of 62 employees (compared to this company's 361) and received an average PPP loan of $611,434 (compared to this company's $3.8M).
Similar Nearby Businesses Who Received PPP Funding:
ABM Office Solutions, Inc.
Rancho Cucamonga, CA
Beacon Property Management Inc.
Rancho Cucamonga, CA
Northtown Housing Development Corp
Rancho Cucamonga, CA
California Pacific Management
Rancho Cucamonga, CA
Pacific Century Investment, Inc.
Rancho Cucamonga, CA
Park West Group
Rancho Cucamonga, CA
Tri-City Staffing LLC
Rancho Cucamonga, CA
R M Property Mgmt & Service Corp
Rancho Cucamonga, CA
Industry PPP Comparison Statistics
Nationwide, 7,563 businesses in the "Nonresidential Property Managers" industry received a total of $894,646,174.00 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 10 employees, 97% lower than National Community Renaissance's reported 361 employees, and received an average PPP loan of $118,292, 97% 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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