PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

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

ALERT: There are 2 PPP loans for a total of $5.1M in our database for businesses with the name "Rancho Valencia Resort Partners LLC" in Rancho Santa Fe, CA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

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

Search All PPP Data

Rancho Valencia Resort Partners LLC is a limited liability company (LLC) located at 5921 Valencia Cir in Rancho Santa Fe, California that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in January, 2021.

$ PPP Loan Information
Loan #1648728307

Loan Size:

$2M

Jobs Retained:

253

Loan Approved:

2021-01-19

Loan Status:

Ongoing Loan

Lender:

Timberline Bank

Rancho Valencia Resort Partners LLC in Rancho Santa Fe, CA received a Paycheck Protection Loan of $2M through Timberline Bank, which was approved in January, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Rancho Valencia Resort Partners LLC's 2019 payroll expenses are estimated to be at least $9.6M.

Based on their reported 253 jobs retained, this equals an estimated average yearly compensation of $37,945 per employee1

Reported PPP Proceed Usage:

On the PPP application, Rancho Valencia Resort Partners LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,999,999
  • Utilities: $1
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
Rancho Santa Fe, CA 92067

Business Industry:
Hotels (except Casino Hotels) and Motels
NAICS code 721110

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

San Diego County, CA — SBA Office 0954 — Congressional District: CA-49

Businesses Using Same Address:

There are 2 other businesses that received a PPP loan registered to the same address as Rancho Valencia Resort Partners LLC.

Sheridan At Rancho Valencia LLC
Women's Clothing Stores

$25,876 PPP Loan

Sheridan At Rancho Valencia
Unknown

$32,325 PPP Loan

Similar Companies near Rancho Santa Fe

In the Rancho Santa Fe area, 4 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 145 employees (compared to this company's 253) and received an average PPP loan of $1,626,050 (compared to this company's $2M).

Industry PPP Comparison Statistics

Nationwide, 81,995 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $13.92B 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 23 employees, 91% lower than Rancho Valencia Resort Partners LLC's reported 253 employees, and received an average PPP loan of $169,748, 92% lower than this company's loan of $2M.

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

Search All PPP Data

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 #4364337205

Loan Size:

$3.1M

Jobs Retained:

207

Loan Approved:

2020-04-27

Loan Status:

Paid in Full or Forgiven

Lender:

MUFG Union Bank, National Association

Rancho Valencia Resort Partners LLC in Rancho Santa Fe, CA received a Paycheck Protection Loan of $3.1M through MUFG Union Bank, National Association, 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 November, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Rancho Valencia Resort Partners LLC's 2019 payroll expenses are estimated to be at least $14.89M.

Based on their reported 207 jobs retained, this equals an estimated average yearly compensation of $71,929 per employee1

Reported PPP Proceed Usage:

On the PPP application, Rancho Valencia Resort Partners LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $3,101,953
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: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

San Diego County, CA — SBA Office 0954 — Congressional District: CA-49

Similar Companies near Rancho Santa Fe

In the Rancho Santa Fe area, 4 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 145 employees (compared to this company's 207) and received an average PPP loan of $1,626,050 (compared to this company's $3.1M).

Industry PPP Comparison Statistics

Nationwide, 81,995 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $13.92B 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 23 employees, 89% lower than Rancho Valencia Resort Partners LLC's reported 207 employees, and received an average PPP loan of $169,748, 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. 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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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