PPP Loan Data — NM Management, Inc., Alexandria, VA
NM Management, Inc. is a corporation located at 5990 Kingstownw Towne Center in Alexandria, Virginia that received a Coronavirus-related PPP loan from the SBA of $3,880,035.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 333 people during the applicable loan loan period.
$ PPP Loan Information
Lender:PRESIDENTIAL BANK, FSB
NM Management, Inc. received a Paycheck Protection Loan of $3.88M through PRESIDENTIAL BANK, FSB, which was approved in April, 2020.
Based on standard PPP eligibility rules, NM Management, Inc.'s total 2019 payroll expenses were approximately $18.62M in order to qualify for the PPP loan amount received.
Based on their reported 333 jobs retained, this equals an estimated average yearly compensation of $55,928 per employee1.
Business Information - NM Management, Inc. in Alexandria, VA
5990 Kingstownw Towne Center
Alexandria, VA 22315
Offices of Real Estate Agents and Brokers (NAICS code 531210)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: VA-08
Similar Companies near Alexandria
In the Alexandria area, 46 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 333) and received an average PPP loan of $142,991 (compared to this company's $3.88M).
Similar Nearby Businesses Who Received PPP Funding:
Braddock Commercial Real Estates Solutions, LLC
NMB Realty Group, LLC
Donovan Kim Real Estate
Mcenearney Associates, LLC
Patricia Anne Wilson
Nellis Group Enterprises Inc
Industry PPP Comparison Statistics
Nationwide, 123,031 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $3,483,797,893.00 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 2 employees, 99% lower than NM Management, Inc.'s reported 333 employees, and received an average PPP loan of $28,316, 99% lower than this company's loan of $3.88M.
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