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PPP Loan Data — REMax Accord, San Ramon, CA

SBA PPP loan data, payroll data, and salaries for REMax Accord
CA

REMax Accord

Entity: Sole Proprietorship

Industry: Real Estate Credit

Location: San Ramon, CA

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REMax Accord is a sole proprietorship located in San Ramon, California that received a Coronavirus-related PPP loan from the SBA of $3,250.00 in July, 2020.

$ PPP Loan Information

Loan Size:

$3,250

Jobs Retained:

0 Unreported

Loan Approved:

2020-07-15

Lender:

MBE CAPITAL PARTNERS

REMax Accord received a Paycheck Protection Loan of $3,250 through MBE CAPITAL PARTNERS, which was approved in July, 2020.

Based on standard PPP eligibility rules, REMax Accord's total 2019 payroll expenses were approximately $15,600 in order to qualify for the PPP loan amount received.

Unlike most businesses, REMax Accord's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Business Information - REMax Accord in San Ramon, CA

REMax Accord
[FULL ADDRESS REDACTED]
San Ramon, CA

Business Industry

Real Estate Credit (NAICS code 522292)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-15

Similar Companies near San Ramon

In the San Ramon area, 3 businesses in the "Real Estate Credit" industry received a PPP loan. These local businesses reported an average of 69 employees (compared to this company's 0) and received an average PPP loan of $1,052,118 (compared to this company's $3,250).

Industry PPP Comparison Statistics

Nationwide, 1,706 businesses in the "Real Estate Credit" industry received a total of $570,275,600.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 21 employees, and received an average PPP loan of $334,276, 10185% higher than this company's loan of $3,250.

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.

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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/remax-accord-san-ramon-ca