PPP Loan Data — Nations Direct Mortgage, LLC, Santa Ana, CA
Nations Direct Mortgage, LLC is a limited liability company (LLC) located at 5 Hutton Centre Drive in Santa Ana, California that received a Coronavirus-related PPP loan from the SBA of $2,646,810.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 174 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
Nations Direct Mortgage, LLC received a Paycheck Protection Loan of $2.65M through TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Nations Direct Mortgage, LLC's total 2019 payroll expenses were approximately $12.7M in order to qualify for the PPP loan amount received.
Based on their reported 174 jobs retained, this equals an estimated average yearly compensation of $73,015 per employee1.
Business Information - Nations Direct Mortgage, LLC in Santa Ana, CA
5 Hutton Centre Drive
Santa Ana, CA 92707
Consumer Lending (NAICS code 522291)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: UnreportedCongressional District: CA-46
Industry PPP Comparison Statistics
Nationwide, 1,653 businesses in the "Consumer Lending" industry received a total of $270,440,458.00 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 13 employees, 93% lower than Nations Direct Mortgage, LLC's reported 174 employees, and received an average PPP loan of $163,606, 94% lower than this company's loan of $2.65M.
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Footnotes & Information
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