PPP Loan Data — SC Realty Services, Inc, Lenexa, KS
SC Realty Services, Inc is a corporation located at 14711 W 114th Terrace in Lenexa, Kansas that received a Coronavirus-related PPP loan from the SBA of $3,742,500.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
SC Realty Services, Inc in Lenexa, KS received a Paycheck Protection Loan of $3.74M through CrossFirst Bank, 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 July, 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, SC Realty Services, Inc's 2019 payroll expenses are estimated to be at least $17.96M.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $35,928 per employee1
Reported PPP Proceed Usage:
On the PPP application, SC Realty Services, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,742,500
Business Information - SC Realty Services, Inc in Lenexa, KS
14711 W 114th Terrace
Lenexa, KS 66215
NAICS code 561720
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Lenexa
In the Lenexa area, 34 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 500) and received an average PPP loan of $197,965 (compared to this company's $3.74M).
Similar Nearby Businesses Who Received PPP Funding:
Overland Park, KS
Ahlers Building Maintenance Company, LLC
AZ Cleaning Co LLC
Majestic Leasing, Inc
R.k. Burwell Ventures, Inc
JD & Reese Inc
Absolutely Clean LLC
Industry PPP Comparison Statistics
Nationwide, 138,723 businesses in the "Janitorial Services" industry received a total of $4.3B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than SC Realty Services, Inc's reported 500 employees, and received an average PPP loan of $30,971, 99% lower than this company's loan of $3.74M.
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Footnotes & Information
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