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PPP Loan Data — Buffalo Run Casino & Resort, Miami, OK

SBA PPP loan data, payroll data, and salaries for Buffalo Run Casino & Resort

Buffalo Run Casino & Resort

Entity: Corporation

Industry: Casinos (except Casino Hotels)

Location: Miami, OK

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Buffalo Run Casino & Resort is a corporation located at 1000 Buffalo Run Blvd in Miami, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $1,855,800.00 in April, 2020.

$ PPP Loan Information
Loan #6498287208

Loan Size:


Jobs Retained:


Loan Approved:


Loan Status:

Paid in Full or Forgiven


Grand Savings Bank

Buffalo Run Casino & Resort in Miami, OK received a Paycheck Protection Loan of $1.86M through Grand Savings Bank, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

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Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

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Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Buffalo Run Casino & Resort's 2019 payroll expenses are estimated to be at least $8.91M.

Based on their reported 227 jobs retained, this equals an estimated average yearly compensation of $39,242 per employee1

Reported PPP Proceed Usage:

On the PPP application, Buffalo Run Casino & Resort reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,855,800

Business Information - Buffalo Run Casino & Resort in Miami, OK

Buffalo Run Casino & Resort
1000 Buffalo Run Blvd
Miami, OK 74354

Business Industry:
Casinos (except Casino Hotels)
NAICS code 713210

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Rural

Ottawa County, OK — SBA Office 0680 — Congressional District: OK-02

Businesses Using Same Address:

There is one other business that received a PPP loan registered to the same address as Buffalo Run Casino & Resort.

Buffalo Run Casino
Casino Hotels

$1.65M PPP Loan

Similar Companies near Miami

In the Miami area, 5 businesses in the "Casinos (except Casino Hotels)" industry received a PPP loan. These local businesses reported an average of 127 employees (compared to this company's 227) and received an average PPP loan of $800,560 (compared to this company's $1.86M).

Industry PPP Comparison Statistics

Nationwide, 781 businesses in the "Casinos (except Casino Hotels)" industry received a total of $329.9M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 55 employees, 76% lower than Buffalo Run Casino & Resort's reported 227 employees, and received an average PPP loan of $422,412, 77% lower than this company's loan of $1.86M.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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