PPP Loan Data — Provident Realty Advisors, Inc., Dallas, TX
Provident Realty Advisors, Inc. is a corporation located at 10210 N Central Expy in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $944,800.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 54 people during the applicable loan loan period.
$ PPP Loan Information
Provident Realty Advisors, Inc. received a Paycheck Protection Loan of $944,800 through PLAINSCAPITAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Provident Realty Advisors, Inc.'s total 2019 payroll expenses were approximately $4.54M in order to qualify for the PPP loan amount received.
Based on their reported 54 jobs retained, this equals an estimated average yearly compensation of $83,982 per employee1.
Business Information - Provident Realty Advisors, Inc. in Dallas, TX
10210 N Central Expy
Dallas, TX 75231
Other Activities Related to Real Estate (NAICS code 531390)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: TX-32
Similar Companies near Dallas
In the Dallas area, 46 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 54) and received an average PPP loan of $259,430 (compared to this company's $944,800).
Similar Nearby Businesses Who Received PPP Funding:
Colgate Mccallum Advisors Inc
Metro Tp Partners II, LP
SRS Real Estate Parnters-Southwest, LLC
Luxury Wellness International LLC
UCR Development Services, LLC
Centennial Real Estate Management, LLC
DA Real Estate LLC
Industry PPP Comparison Statistics
Nationwide, 36,088 businesses in the "Other Activities Related to Real Estate" industry received a total of $2,270,983,687.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 91% lower than Provident Realty Advisors, Inc.'s reported 54 employees, and received an average PPP loan of $62,929, 93% lower than this company's loan of $944,800.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!