PPP Loan Data — Westport Properties, Inc., Irvine, CA
Westport Properties, Inc. is a corporation located at 2201 Dupont Drive, Suite 700 in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $3,770,780.00 in April, 2020.
$ PPP Loan Information
Lender:HARVEST SMALL BUSINESS FINANCE, LLC
Westport Properties, Inc. in Irvine, CA received a Paycheck Protection Loan of $3.77M through HARVEST SMALL BUSINESS FINANCE, LLC, which was approved in April, 2020.
Based on standard PPP eligibility rules, Westport Properties, Inc.'s total 2019 payroll expenses were approximately $18.1M in order to qualify for the PPP loan amount received.
Based on their reported 326 jobs retained, this equals an estimated average yearly compensation of $55,521 per employee1.
Business Information - Westport Properties, Inc. in Irvine, CA
2201 Dupont Drive, Suite 700
Irvine, CA 92612
Lessors of Residential Buildings and Dwellings (NAICS code 531110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-45
Similar Companies near Irvine
In the Irvine area, 3 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 110 employees (compared to this company's 326) and received an average PPP loan of $1,265,385 (compared to this company's $3.77M).
Similar Nearby Businesses Who Received PPP Funding:
Chosen Garden Inc.
Industry PPP Comparison Statistics
Nationwide, 20,568 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $1,664,555,814.00 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 8 employees, 98% lower than Westport Properties, Inc.'s reported 326 employees, and received an average PPP loan of $80,929, 98% lower than this company's loan of $3.77M.
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Footnotes & Information
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