PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Solar Land Investment 11L, LLC,, Phoenix, AZ

ALERT: There are a total of 2 PPP loans in our database for businesses with the name "Solar Land Investment 11L, LLC," in Phoenix, AZ. Reasoning for multiple loans may include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. See the list of loans under this name and additional details below.

SBA PPP loan data, payroll data, and salaries for Solar Land Investment 11L, LLC,
AZ

Solar Land Investment 11L, LLC,

Entity: Limited Liability Company (LLC)

Industry: Land Subdivision

Location: Phoenix, AZ

Search All PPP Data

Solar Land Investment 11L, LLC, is a limited liability company (LLC) located at 2375 E. Camelback Road, Suite 600 in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $70,300.00 in June, 2020.

$ PPP Loan Information

Loan Size:

$70,300

Jobs Retained:

4

Loan Approved:

2020-06-18

Lender:

ZIONS BANK, A DIVISION OF

Solar Land Investment 11L, LLC, in Phoenix, AZ received a Paycheck Protection Loan of $70,300 through ZIONS BANK, A DIVISION OF, which was approved in June, 2020.

Based on standard PPP eligibility rules, Solar Land Investment 11L, LLC,'s total 2019 payroll expenses were approximately $337,440 in order to qualify for the PPP loan amount received.

Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $84,360 per employee1.

Business Information - Solar Land Investment 11L, LLC, in Phoenix, AZ

Solar Land Investment 11L, LLC,
2375 E. Camelback Road, Suite 600
Phoenix, AZ 85016

Business Industry

Land Subdivision (NAICS code 237210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AZ-09

Similar Companies near Phoenix

In the Phoenix area, 4 businesses in the "Land Subdivision" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 4) and received an average PPP loan of $53,746 (compared to this company's $70,300).

Industry PPP Comparison Statistics

Nationwide, 3,472 businesses in the "Land Subdivision" industry received a total of $375,266,179.00 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 9 employees, 125% higher than Solar Land Investment 11L, LLC,'s reported 4 employees, and received an average PPP loan of $108,084, 54% higher than this company's loan of $70,300.

SBA PPP loan data, payroll data, and salaries for Solar Land Investment 11L, LLC
AZ

Solar Land Investment 11L, LLC

Entity: Corporation

Industry: Title Abstract and Settlement Offices

Location: Phoenix, AZ

Search All PPP Data

Solar Land Investment 11L, LLC is a corporation located at 4808 N 22nd in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $3,070,740.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.07M

Jobs Retained:

204

Loan Approved:

2020-04-27

Lender:

FORTIS PRIVATE BANK

Solar Land Investment 11L, LLC in Phoenix, AZ received a Paycheck Protection Loan of $3.07M through FORTIS PRIVATE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Solar Land Investment 11L, LLC's total 2019 payroll expenses were approximately $14.74M in order to qualify for the PPP loan amount received.

Based on their reported 204 jobs retained, this equals an estimated average yearly compensation of $72,253 per employee1.

Because the loan received by Solar Land Investment 11L, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Solar Land Investment 11L, LLC in Phoenix, AZ

Solar Land Investment 11L, LLC
4808 N 22nd
Phoenix, AZ 85016

Business Industry

Title Abstract and Settlement Offices (NAICS code 541191)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AZ-09

Similar Companies near Phoenix

In the Phoenix area, 3 businesses in the "Title Abstract and Settlement Offices" industry received a PPP loan. These local businesses reported an average of 103 employees (compared to this company's 204) and received an average PPP loan of $1,921,340 (compared to this company's $3.07M).

Industry PPP Comparison Statistics

Nationwide, 4,290 businesses in the "Title Abstract and Settlement Offices" industry received a total of $440,133,288.00 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 8 employees, 96% lower than Solar Land Investment 11L, LLC's reported 204 employees, and received an average PPP loan of $102,595, 97% lower than this company's loan of $3.07M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/solar-land-investment-11l-llc-phoenix-az