PPP Loan Data — Three Rivers Village, Chandler, AZ
Three Rivers Village is a limited liability company (LLC) located at 2727 W Frye Rd in Chandler, Arizona that received a Coronavirus-related PPP loan from the SBA of $46,500.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Three Rivers Village in Chandler, AZ received a Paycheck Protection Loan of $46,500 through FirstBank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Three Rivers Village's 2019 payroll expenses are estimated to be at least $223,200.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $37,200 per employee1
Reported PPP Proceed Usage:
On the PPP application, Three Rivers Village reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,500
Business Information - Three Rivers Village in Chandler, AZ
2727 W Frye Rd
Chandler, AZ 85224
Offices of Real Estate Agents and Brokers
NAICS code 531210
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Chandler
In the Chandler area, 72 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 6) and received an average PPP loan of $15,384 (compared to this company's $46,500).
Similar Nearby Businesses Who Received PPP Funding:
Liz Harris Realty, LLC
Hani Aldulaimi PLLC
Tina M Miller
Gina H. Mckinley, PLLC
Allyn Barnum PLLC
Investar Real Estate Specialists
Industry PPP Comparison Statistics
Nationwide, 255,794 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.75B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 2 employees, 67% lower than Three Rivers Village's reported 6 employees, and received an average PPP loan of $22,469, 52% lower than this company's loan of $46,500.
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Footnotes & Information
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