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PPP Loan Data — Vintage Associates, Inc., Bermuda Dunes, CA

SBA PPP loan data, payroll data, and salaries for Vintage Associates, Inc.

Vintage Associates, Inc.

Entity: Subchapter S Corporation

Industry: Landscaping Services

Location: Bermuda Dunes, CA

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Vintage Associates, Inc. is a subchapter s corporation located at 78755 Darby Rd in Bermuda Dunes, California that received a Coronavirus-related PPP loan from the SBA of $2,468,010.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Vintage Associates, Inc. in Bermuda Dunes, CA received a Paycheck Protection Loan of $2.47M through MECHANICS BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Vintage Associates, Inc.'s total 2019 payroll expenses were approximately $11.85M in order to qualify for the PPP loan amount received.

Based on their reported 393 jobs retained, this equals an estimated average yearly compensation of $30,144 per employee1.

Because the loan received by Vintage Associates, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Vintage Associates, Inc. in Bermuda Dunes, CA

Vintage Associates, Inc.
78755 Darby Rd
Bermuda Dunes, CA 92203

Business Industry

Landscaping Services (NAICS code 561730)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-36

Similar Companies near Bermuda Dunes

In the Bermuda Dunes area, 9 businesses in the "Landscaping Services" industry received a PPP loan. These local businesses reported an average of 54 employees (compared to this company's 393) and received an average PPP loan of $359,872 (compared to this company's $2.47M).

Industry PPP Comparison Statistics

Nationwide, 46,451 businesses in the "Landscaping Services" industry received a total of $3,497,785,424.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 9 employees, 98% lower than Vintage Associates, Inc.'s reported 393 employees, and received an average PPP loan of $75,301, 97% lower than this company's loan of $2.47M.

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.

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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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** This Document Provided By - The Civil Employee's Resource **