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PPP Loan Data — Rancho Valencia Resort Partners LLC, Rancho Santa Fe, CA

SBA PPP loan data, payroll data, and salaries for Rancho Valencia Resort Partners LLC
CA

Rancho Valencia Resort Partners LLC

Entity: Limited Liability Company (LLC)

Industry: Hotels (except Casino Hotels) and Motels

Location: Rancho Santa Fe, CA

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Rancho Valencia Resort Partners LLC is a limited liability company (LLC) located at 5921 Valencia Cir Box 9126 in Rancho Santa Fe, California that received a Coronavirus-related PPP loan from the SBA of $3,101,953.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.1M

Jobs Retained:

360

Loan Approved:

2020-04-27

Lender:

MUFG UNION BANK, NATIONAL ASSOCIATION

Rancho Valencia Resort Partners LLC received a Paycheck Protection Loan of $3.1M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Rancho Valencia Resort Partners LLC's total 2019 payroll expenses were approximately $14.89M in order to qualify for the PPP loan amount received.

Based on their reported 360 jobs retained, this equals an estimated average yearly compensation of $41,359 per employee1.

Because the loan received by Rancho Valencia Resort Partners LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Rancho Valencia Resort Partners LLC in Rancho Santa Fe, CA

Rancho Valencia Resort Partners LLC
5921 Valencia Cir Box 9126
Rancho Santa Fe, CA 92067

Business Industry

Hotels (except Casino Hotels) and Motels (NAICS code 721110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-49

Similar Companies near Rancho Santa Fe

In the Rancho Santa Fe area, 2 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 231 employees (compared to this company's 360) and received an average PPP loan of $2,188,984 (compared to this company's $3.1M).

Similar Nearby Businesses Who Received PPP Funding:

Jmir Rsf Operator LLC
Rancho Santa Fe, CA

$1.28M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 21 employees, 94% lower than Rancho Valencia Resort Partners LLC's reported 360 employees, and received an average PPP loan of $161,149, 95% lower than this company's loan of $3.1M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/rancho-valencia-resort-partners-llc-rancho-santa-fe-ca