PPP Loan Data — Residential Home Funding Corp., White Plains, NY
Residential Home Funding Corp. is a subchapter s corporation located at 707 Westchester Ave in White Plains, New York that received a Coronavirus-related PPP loan from the SBA of $3,883,509.00 in April, 2020.
$ PPP Loan Information
Lender:THE BANK OF PRINCETON
Residential Home Funding Corp. received a Paycheck Protection Loan of $3.88M through THE BANK OF PRINCETON, which was approved in April, 2020.
Based on standard PPP eligibility rules, Residential Home Funding Corp.'s total 2019 payroll expenses were approximately $18.64M in order to qualify for the PPP loan amount received.
Based on their reported 225 jobs retained, this equals an estimated average yearly compensation of $82,848 per employee1.
Business Information - Residential Home Funding Corp. in White Plains, NY
707 Westchester Ave
White Plains, NY 10604
Savings Institutions (NAICS code 522120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-17
Industry PPP Comparison Statistics
Nationwide, 61 businesses in the "Savings Institutions" industry received a total of $6,319,392.00 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 9 employees, 96% lower than Residential Home Funding Corp.'s reported 225 employees, and received an average PPP loan of $103,597, 97% lower than this company's loan of $3.88M.
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Footnotes & Information
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