PPP Loan Data — Solari Enterprises, Inc., Orange, CA
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
Lender:FRIENDLY HILLS BANK
Solari 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
Nonresidential Property Managers (NAICS code 531312)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-45
Similar 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
Regency Realty, LLC
Rexco Management LLC
S & D Associates
James Real Estate Management, Inc.
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.
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