PPP Loan Data — PGM Realty Advisors, LLC, Brentwood, TN
PGM Realty Advisors, LLC is a limited liability company (LLC) located at 9019 Overlook Blvd in Brentwood, Tennessee that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Wilson Bank & Trust
PGM Realty Advisors, LLC in Brentwood, TN received a Paycheck Protection Loan of $25,000 through Wilson Bank & Trust, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, PGM Realty Advisors, LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, PGM Realty Advisors, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - PGM Realty Advisors, LLC in Brentwood, TN
9019 Overlook Blvd
Brentwood, TN 37027
Nonresidential Property Managers
NAICS code 531312
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Brentwood
In the Brentwood area, 15 businesses in the "Nonresidential Property Managers" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 2) and received an average PPP loan of $44,425 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Davis Development LLC
Sail Vacation Rentals LLC
Arkansas Vacation Rental
Knoxville Studio Holdings, LLC
Merris Business Center LLC
LK Asset Advisors, LLC
Southern Services, Inc
Npdp-Ilv West, LLC
Industry PPP Comparison Statistics
Nationwide, 11,970 businesses in the "Nonresidential Property Managers" industry received a total of $1.22B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 9 employees, 350% higher than PGM Realty Advisors, LLC's reported 2 employees, and received an average PPP loan of $101,557, 306% higher than this company's loan of $25,000.
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Footnotes & Information
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