PPP Loan Data — Vanessa Stone Real Estate, LLC, Enfield, NH
Vanessa Stone Real Estate, LLC is a limited liability company (LLC) located at 468 Us Route 4 Unit 7 in Enfield, New Hampshire that received a Coronavirus-related PPP loan from the SBA of $24,900.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bar Harbor Bank & Trust
Vanessa Stone Real Estate, LLC in Enfield, NH received a Paycheck Protection Loan of $24,900 through Bar Harbor Bank & Trust, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in February, 2021.
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, Vanessa Stone Real Estate, LLC's 2019 payroll expenses are estimated to be at least $119,520.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $29,880 per employee1
Reported PPP Proceed Usage:
On the PPP application, Vanessa Stone Real Estate, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,900
Business Information - Vanessa Stone Real Estate, LLC in Enfield, NH
468 Us Route 4 Unit 7
Enfield, NH 3748
Offices of Real Estate Agents and Brokers
NAICS code 531210
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Enfield
In the Enfield area, 3 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 4) and received an average PPP loan of $18,476 (compared to this company's $24,900).
Similar Nearby Businesses Who Received PPP Funding:
Barton Shane Macdonald
Patricia A Balbirnie
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, 50% lower than Vanessa Stone Real Estate, LLC's reported 4 employees, and received an average PPP loan of $22,469, 10% lower than this company's loan of $24,900.
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Footnotes & Information
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