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PPP Loan Data — SRA Management, LLC, Fort Worth, TX

SBA PPP loan data, payroll data, and salaries for SRA Management, LLC
TX

SRA Management, LLC

Entity: Limited Liability Company (LLC)

Industry: Residential Property Managers

Location: Fort Worth, TX

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SRA Management, LLC is a limited liability company (LLC) located at 500 Throckmorton St Ste 300 in Fort Worth, Texas that received a Coronavirus-related PPP loan from the SBA of $5,665,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.67M

Jobs Retained:

470

Loan Approved:

2020-04-15

Lender:

FIRST REPUBLIC BANK

SRA Management, LLC received a Paycheck Protection Loan of $5.67M through FIRST REPUBLIC BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, SRA Management, LLC's total 2019 payroll expenses were approximately $27.19M in order to qualify for the PPP loan amount received.

Based on their reported 470 jobs retained, this equals an estimated average yearly compensation of $57,856 per employee1.

Because the loan received by SRA Management, 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 - SRA Management, LLC in Fort Worth, TX

SRA Management, LLC
500 Throckmorton St Ste 300
Fort Worth, TX 76102

Business Industry

Residential Property Managers (NAICS code 531311)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: NON-VETERAN

Congressional District: TX-12

Similar Companies near Fort Worth

In the Fort Worth area, 2 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 245 employees (compared to this company's 470) and received an average PPP loan of $2,965,475 (compared to this company's $5.67M).

Similar Nearby Businesses Who Received PPP Funding:

Mark A Anderson Law Firm, PC
Ft Worth, TX

$265,850 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 20,591 businesses in the "Residential Property Managers" industry received a total of $2,358,014,158.00 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, 98% lower than SRA Management, LLC's reported 470 employees, and received an average PPP loan of $114,517, 98% lower than this company's loan of $5.67M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/sra-management-llc-fort-worth-tx