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PPP Loan Data — Buffalo Lodging Associates, LLC,
University Park, FL
Buffalo Lodging Associates, LLC
Entity: Limited Liability Company (LLC)
Industry: Hotels (except Casino Hotels) and Motels
Location: University Park, FL
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Buffalo Lodging Associates, LLC is a limited liability company (LLC) located at 7978 Cooper Creek Boulevard in University Park, Florida that received a Coronavirus-related PPP loan from the SBA of $9,907,647.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-15Lender:
MANUFACTURERS AND TRADERS TRUST COMPANYBuffalo Lodging Associates, LLC received a Paycheck Protection Loan of $9.91M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Buffalo Lodging Associates, LLC's total 2019 payroll expenses were approximately $47.56M 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 $95,113 per employee1.
Business Information - Buffalo Lodging Associates, LLC in University Park, FL
7978 Cooper Creek Boulevard
University Park, FL 34201
Business Industry
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-16Similar Companies near University Park
In the University Park area, 3 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 181 employees (compared to this company's 500) and received an average PPP loan of $3,384,260 (compared to this company's $9.91M).
Similar Nearby Businesses Who Received PPP Funding:
Kinsman Hospitality Of Sarasota, Inc.
Bradenton, FL
LWR Hospitality LLC
Lakewood Ranch, FL
Industry PPP Comparison Statistics
Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 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 21 employees, 96% lower than Buffalo Lodging Associates, LLC's reported 500 employees, and received an average PPP loan of $161,149, 98% lower than this company's loan of $9.91M.
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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