PPP Loan Data — Rose Villa, Inc, Portland, OR
Rose Villa, Inc is a corporation located at 13505 Se River Rd in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $1,610,324.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Washington Federal Bank, National Association
Rose Villa, Inc in Portland, OR received a Paycheck Protection Loan of $1.61M through Washington Federal 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 March, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Rose Villa, Inc's 2019 payroll expenses are estimated to be at least $7.73M.
Based on their reported 150 jobs retained, this equals an estimated average yearly compensation of $51,530 per employee1
Reported PPP Proceed Usage:
On the PPP application, Rose Villa, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,207,774
- Utilities: $402,550
Business Information - Rose Villa, Inc in Portland, OR
13505 Se River Rd
Portland, OR 97222
Continuing Care Retirement Communities
NAICS code 623311
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Portland
In the Portland area, 14 businesses in the "Continuing Care Retirement Communities" industry received a PPP loan. These local businesses reported an average of 52 employees (compared to this company's 150) and received an average PPP loan of $418,124 (compared to this company's $1.61M).
Similar Nearby Businesses Who Received PPP Funding:
RSL La Conner, LLC
RSL Sparks LLC
RSL Beaverton, LLC
RSL Everett, LLC
RSL Pioneer, LLC
RSL Gresham, LLC
Radiant Senior Living, Inc
RSL Woodburn, LLC
Industry PPP Comparison Statistics
Nationwide, 2,718 businesses in the "Continuing Care Retirement Communities" industry received a total of $1.53B 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 77 employees, 49% lower than Rose Villa, Inc's reported 150 employees, and received an average PPP loan of $561,944, 65% lower than this company's loan of $1.61M.
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Footnotes & Information
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