PPP Loan Data — Residential One LLC, Columbia, MD
Residential One LLC is a limited liability company (LLC) located at 8975 Guilford Rd, Suite 100 in Columbia, Maryland that received a Coronavirus-related PPP loan from the SBA of $4,000,800.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Residential One LLC in Columbia, MD received a Paycheck Protection Loan of $4M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Residential One LLC's total 2019 payroll expenses were approximately $19.2M in order to qualify for the PPP loan amount received.
Based on their reported 409 jobs retained, this equals an estimated average yearly compensation of $46,953 per employee1.
Business Information - Residential One LLC in Columbia, MD
8975 Guilford Rd, Suite 100
Columbia, MD 21046
Residential Property Managers (NAICS code 531311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-03
Similar Companies near Columbia
In the Columbia area, 5 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 140 employees (compared to this company's 409) and received an average PPP loan of $1,522,248 (compared to this company's $4M).
Similar Nearby Businesses Who Received PPP Funding:
HAI Management, Inc.
S&E Holdings, LLC
Howard Property Management
DBG Property Management, LLC
Industry PPP Comparison Statistics
Nationwide, 20,591 businesses in the "Residential Property Managers" industry received a total of $2,358,014,158.00 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 10 employees, 98% lower than Residential One LLC's reported 409 employees, and received an average PPP loan of $114,517, 97% lower than this company's loan of $4M.
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Footnotes & Information
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