PPP Loan Data — Sage Apartment Communities, Inc., Irvine, CA
Sage Apartment Communities, Inc. is a subchapter s corporation located at 18006 Sky Park Circle in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $2,524,503.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Sage Apartment Communities, Inc. received a Paycheck Protection Loan of $2.52M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sage Apartment Communities, Inc.'s total 2019 payroll expenses were approximately $12.12M in order to qualify for the PPP loan amount received.
Based on their reported 224 jobs retained, this equals an estimated average yearly compensation of $54,096 per employee1.
Business Information - Sage Apartment Communities, Inc. in Irvine, CA
18006 Sky Park Circle
Irvine, CA 92614
Other Activities Related to Real Estate (NAICS code 531390)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-45
Similar Companies near Irvine
In the Irvine area, 22 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 224) and received an average PPP loan of $420,261 (compared to this company's $2.52M).
Similar Nearby Businesses Who Received PPP Funding:
Lyle Consulting LLC
MTC Financial Inc.
Carlyle Capital LLC
J & R Group LLC
Winnie Sun LLC
Argent Management LLC
Special Default Services, Inc.
Industry PPP Comparison Statistics
Nationwide, 36,088 businesses in the "Other Activities Related to Real Estate" industry received a total of $2,270,983,687.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Sage Apartment Communities, Inc.'s reported 224 employees, and received an average PPP loan of $62,929, 98% lower than this company's loan of $2.52M.
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Footnotes & Information
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