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PPP Loan Data — Nres Management, LLC,
Leawood, KS
Nres Management, LLC
Entity: Limited Liability Company (LLC)
Industry: Residential Property Managers
Location: Leawood, KS
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Nres Management, LLC is a limited liability company (LLC) located at 2020 W 89th St in Leawood, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,746,400.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
250Loan Approved:
2020-04-10Lender:
ENTERPRISE BANK & TRUSTNres Management, LLC received a Paycheck Protection Loan of $2.75M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Nres Management, LLC's total 2019 payroll expenses were approximately $13.18M 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 $52,731 per employee1.
Business Information - Nres Management, LLC in Leawood, KS
2020 W 89th St
Leawood, KS 66206
Business Industry
Residential Property Managers (NAICS code 531311)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: KS-03Similar Companies near Leawood
In the Leawood area, 7 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 250) and received an average PPP loan of $433,725 (compared to this company's $2.75M).
Similar Nearby Businesses Who Received PPP Funding:
Success Council LLC
Roeland Park, KS
VHL Properties-Northglen, LLC
Leawood, KS
Countryside Holdings LLC
Prairie Village, KS
Woodside Village Management LLC
Mission, KS
Community Association Management, LLC
Prairie Village, KS
KC Home Rental Mgt LLC
Roeland Park, KS
Industry PPP Comparison Statistics
Nationwide, 20,591 businesses in the "Residential Property Managers" industry received a total of $2,358,014,158.00 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, 96% lower than Nres Management, LLC's reported 250 employees, and received an average PPP loan of $114,517, 96% lower than this company's loan of $2.75M.
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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