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PPP Loan Data — Priderock Capital Management, LLC,
West Palm Beach, FL
Priderock Capital Management, LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Real Estate Agents and Brokers
Location: West Palm Beach, FL
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Priderock Capital Management, LLC is a limited liability company (LLC) located at 525 Okeechobee Blvd in West Palm Beach, Florida that received a Coronavirus-related PPP loan from the SBA of $4,432,953.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
418Loan Approved:
2020-04-11Lender:
KEYBANK NATIONAL ASSOCIATIONPriderock Capital Management, LLC in West Palm Beach, FL received a Paycheck Protection Loan of $4.43M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Priderock Capital Management, LLC's total 2019 payroll expenses were approximately $21.28M in order to qualify for the PPP loan amount received.
Based on their reported 418 jobs retained, this equals an estimated average yearly compensation of $50,905 per employee1.
Business Information - Priderock Capital Management, LLC in West Palm Beach, FL
525 Okeechobee Blvd
West Palm Beach, FL 33401
Business Industry
Offices of Real Estate Agents and Brokers (NAICS code 531210)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-21Similar Companies near West Palm Beach
In the West Palm Beach area, 47 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 418) and received an average PPP loan of $130,585 (compared to this company's $4.43M).
Similar Nearby Businesses Who Received PPP Funding:
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WPB Realty Partners, LLC
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Sandals Realty Group, Inc.
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Claudia Morales
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Anita Green
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James Scuttina
West Palm Beach, FL
James Madalone
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Reliance Real Estate Group LLC
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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, 100% lower than Priderock Capital Management, LLC's reported 418 employees, and received an average PPP loan of $28,316, 99% lower than this company's loan of $4.43M.
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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