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PPP Loan Data — Allure Medical Spa,
Shelby Township, MI
Allure Medical Spa
Entity: Professional Association
Industry: Fitness and Recreational Sports Centers
Location: Shelby Township, MI
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Allure Medical Spa is a professional association located at 8180 26 Mile Rd in Shelby Township, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,641,683.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
256Loan Approved:
2020-04-10Lender:
BANK OF ANN ARBORAllure Medical Spa in Shelby Township, MI received a Paycheck Protection Loan of $2.64M through BANK OF ANN ARBOR, which was approved in April, 2020.
Based on standard PPP eligibility rules, Allure Medical Spa's total 2019 payroll expenses were approximately $12.68M in order to qualify for the PPP loan amount received.
Based on their reported 256 jobs retained, this equals an estimated average yearly compensation of $49,532 per employee1.
Business Information - Allure Medical Spa in Shelby Township, MI
8180 26 Mile Rd
Shelby Township, MI 48316
Business Industry
Fitness and Recreational Sports Centers (NAICS code 713940)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MI-10Similar Companies near Shelby Township
In the Shelby Township area, 13 businesses in the "Fitness and Recreational Sports Centers" industry received a PPP loan. These local businesses reported an average of 36 employees (compared to this company's 256) and received an average PPP loan of $261,123 (compared to this company's $2.64M).
Similar Nearby Businesses Who Received PPP Funding:
New Rink Shelby LLC
Shelby Township, MI
JD Fieldhouse LLC
Shelby Township, MI
Utica Shelby Swim Club
Shelby Township, MI
FIT Food RX, LLC
Utica, MI
SJ Payroll
Shelby Twp, MI
ALH, LLC
Shelby Township, MI
Rock Your Body Pilates LLC
Shelby Twp, MI
Capitol Fitness Shelby Inc.
Shelby Township, MI
Oriental Health Spa LLC
Shelby Twp, MI
Industry PPP Comparison Statistics
Nationwide, 30,501 businesses in the "Fitness and Recreational Sports Centers" industry received a total of $1,606,092,659.00 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 11 employees, 96% lower than Allure Medical Spa's reported 256 employees, and received an average PPP loan of $52,657, 98% lower than this company's loan of $2.64M.
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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