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PPP Loan Data — VVF Intervest, LLC,
Kansas City, KS
VVF Intervest, LLC
Entity: Limited Liability Company (LLC)
Industry: Soap and Other Detergent Manufacturing
Location: Kansas City, KS
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VVF Intervest, LLC is a limited liability company (LLC) located at 1705 Kansas Ave in Kansas City, Kansas that received a Coronavirus-related PPP loan from the SBA of $9,568,300.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-10Lender:
LANDMARK NATIONAL BANKVVF Intervest, LLC received a Paycheck Protection Loan of $9.57M through LANDMARK NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, VVF Intervest, LLC's total 2019 payroll expenses were approximately $45.93M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $91,856 per employee1.
Business Information - VVF Intervest, LLC in Kansas City, KS
1705 Kansas Ave
Kansas City, KS 66105
Business Industry
Soap and Other Detergent Manufacturing (NAICS code 325611)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: KS-03Industry PPP Comparison Statistics
Nationwide, 571 businesses in the "Soap and Other Detergent Manufacturing" industry received a total of $125,586,658.00 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 17 employees, 97% lower than VVF Intervest, LLC's reported 500 employees, and received an average PPP loan of $219,942, 98% lower than this company's loan of $9.57M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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