PPP Loan Data — Steven Scott Management, Inc., Minneapolis, MN
Steven Scott Management, Inc. is a corporation located at 3020 France Ave S in Minneapolis, Minnesota that received a Coronavirus-related PPP loan from the SBA of $3,796,100.00 in April, 2020.
$ PPP Loan Information
Steven Scott Management, Inc. received a Paycheck Protection Loan of $3.8M through BRIDGEWATER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Steven Scott Management, Inc.'s total 2019 payroll expenses were approximately $18.22M 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 $36,443 per employee1.
Business Information - Steven Scott Management, Inc. in Minneapolis, MN
3020 France Ave S
Minneapolis, MN 55416
Nonresidential Property Managers (NAICS code 531312)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-05
Similar Companies near Minneapolis
In the Minneapolis area, 5 businesses in the "Nonresidential Property Managers" industry received a PPP loan. These local businesses reported an average of 186 employees (compared to this company's 500) and received an average PPP loan of $1,633,351 (compared to this company's $3.8M).
Similar Nearby Businesses Who Received PPP Funding:
Marshall Management LLC
The Excelsior Group, LLC
St. Louis Park, MN
SA Hospitality Management LLC
Team Properties, Inc
St Louis Park, MN
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, 98% lower than Steven Scott Management, Inc.'s reported 500 employees, and received an average PPP loan of $118,292, 97% lower than this company's loan of $3.8M.
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Footnotes & Information
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