FederalPay.org
PPP Loan Data — Solari Enterprises, Inc.,
Orange, CA
Solari Enterprises, Inc.
Entity: Corporation
Industry: Nonresidential Property Managers
Location: Orange, CA
Tweet This
•
Search All PPP Data
Solari Enterprises, Inc. is a corporation located at 1507 W. Yale Ave. in Orange, California that received a Coronavirus-related PPP loan from the SBA of $2,816,100.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 325 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
325Loan Approved:
2020-04-10Lender:
FRIENDLY HILLS BANKSolari Enterprises, Inc. in Orange, CA received a Paycheck Protection Loan of $2.82M through FRIENDLY HILLS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Solari Enterprises, Inc.'s total 2019 payroll expenses were approximately $13.52M in order to qualify for the PPP loan amount received.
Based on their reported 325 jobs retained, this equals an estimated average yearly compensation of $41,592 per employee1.
Business Information - Solari Enterprises, Inc. in Orange, CA
1507 W. Yale Ave.
Orange, CA 92867
Business Industry
Nonresidential Property Managers (NAICS code 531312)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-45Similar Companies near Orange
In the Orange area, 6 businesses in the "Nonresidential Property Managers" industry received a PPP loan. These local businesses reported an average of 62 employees (compared to this company's 325) and received an average PPP loan of $564,060 (compared to this company's $2.82M).
Similar Nearby Businesses Who Received PPP Funding:
Totty Enterprises I, LLC
Orange, CA
Regency Realty, LLC
Orange, CA
Rexco Management LLC
Orange, CA
S & D Associates
Orange, CA
James Real Estate Management, Inc.
Orange, CA
Industry PPP Comparison Statistics
Nationwide, 7,563 businesses in the "Nonresidential Property Managers" industry received a total of $894,646,174.00 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 10 employees, 97% lower than Solari Enterprises, Inc.'s reported 325 employees, and received an average PPP loan of $118,292, 96% lower than this company's loan of $2.82M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!