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PPP Loan Data — Ventron Management LLC,
Boca Raton, FL
Ventron Management LLC
Entity: Limited Liability Company (LLC)
Industry: Other Activities Related to Real Estate
Location: Boca Raton, FL
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Ventron Management LLC is a limited liability company (LLC) located at 285-2500 N Military Trail in Boca Raton, Florida that received a Coronavirus-related PPP loan from the SBA of $2,572,500.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
265Loan Approved:
2020-04-14Lender:
PNC BANK, NATIONAL ASSOCIATIONVentron Management LLC in Boca Raton, FL received a Paycheck Protection Loan of $2.57M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ventron Management LLC's total 2019 payroll expenses were approximately $12.35M in order to qualify for the PPP loan amount received.
Based on their reported 265 jobs retained, this equals an estimated average yearly compensation of $46,596 per employee1.
Business Information - Ventron Management LLC in Boca Raton, FL
285-2500 N Military Trail
Boca Raton, FL 33431
Business Industry
Other Activities Related to Real Estate (NAICS code 531390)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-22Similar Companies near Boca Raton
In the Boca Raton area, 42 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 265) and received an average PPP loan of $148,766 (compared to this company's $2.57M).
Similar Nearby Businesses Who Received PPP Funding:
RSB Management Company Inc
Boca Raton, FL
Laurel Dunay
Boca Raton, FL
FL Investment LLC
Boca Raton, FL
Yerba Oregon, LLC
Boca Raton, FL
Migara LLC
Boca Raton, FL
Palladium Investments, Inc.
Boca Raton, FL
Lexi 2012, LLC
Boca Raton, FL
TKG Equity, LLC
Boca Raton, FL
Wide View RE Corp
Boca Raton, FL
Industry PPP Comparison Statistics
Nationwide, 36,088 businesses in the "Other Activities Related to Real Estate" industry received a total of $2,270,983,687.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Ventron Management LLC's reported 265 employees, and received an average PPP loan of $62,929, 98% lower than this company's loan of $2.57M.
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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