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PPP Loan Data — VDV Management Company LLC,
Charleston, SC
VDV Management Company LLC
Entity: Limited Liability Company (LLC)
Industry: All Other Miscellaneous Manufacturing
Location: Charleston, SC
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VDV Management Company LLC is a limited liability company (LLC) located at 126 Seven Farms Dr. Ste 110 in Charleston, South Carolina that received a Coronavirus-related PPP loan from the SBA of $3,030,200.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 466 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
466Loan Approved:
2020-04-07Lender:
UNITED COMMUNITY BANKVDV Management Company LLC in Charleston, SC received a Paycheck Protection Loan of $3.03M through UNITED COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, VDV Management Company LLC's total 2019 payroll expenses were approximately $14.54M in order to qualify for the PPP loan amount received.
Based on their reported 466 jobs retained, this equals an estimated average yearly compensation of $31,212 per employee1.
Business Information - VDV Management Company LLC in Charleston, SC
126 Seven Farms Dr. Ste 110
Charleston, SC 29492
Business Industry
All Other Miscellaneous Manufacturing (NAICS code 339999)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: SC-01Similar Companies near Charleston
In the Charleston area, 4 businesses in the "All Other Miscellaneous Manufacturing" industry received a PPP loan. These local businesses reported an average of 204 employees (compared to this company's 466) and received an average PPP loan of $1,871,406 (compared to this company's $3.03M).
Similar Nearby Businesses Who Received PPP Funding:
MTP Associates Inc
Charleston, SC
MVP Group International, Inc.
Charleston, SC
MVP Textiles & Apparel, Inc
Charleston, SC
Industry PPP Comparison Statistics
Nationwide, 8,697 businesses in the "All Other Miscellaneous Manufacturing" industry received a total of $1,285,606,911.00 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 12 employees, 97% lower than VDV Management Company LLC's reported 466 employees, and received an average PPP loan of $147,822, 95% lower than this company's loan of $3.03M.
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, and is published unmodified, as provided by the SBA.
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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