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PPP Loan Data — Silver State Bell LLC,
Las Vegas, NV
Silver State Bell LLC
Entity: Limited Liability Company (LLC)
Industry: Unclassified Establishments
Location: Las Vegas, NV
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Silver State Bell LLC is a limited liability company (LLC) located at 3225a S Rainbow Blvd Ste 102 in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $6,526,885.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONSilver State Bell LLC in Las Vegas, NV received a Paycheck Protection Loan of $6.53M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Silver State Bell LLC's total 2019 payroll expenses were approximately $31.33M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $62,658 per employee1.
Business Information - Silver State Bell LLC in Las Vegas, NV
3225a S Rainbow Blvd Ste 102
Las Vegas, NV 89146
Business Industry
Unclassified Establishments (NAICS code 999990)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NV-01Similar Companies near Las Vegas
In the Las Vegas area, 58 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 500) and received an average PPP loan of $155,486 (compared to this company's $6.53M).
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Industry PPP Comparison Statistics
Nationwide, 86,245 businesses in the "Unclassified Establishments" industry received a total of $3,723,225,376.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 99% lower than Silver State Bell LLC's reported 500 employees, and received an average PPP loan of $43,170, 99% lower than this company's loan of $6.53M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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