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PPP Loan Data — Catania Hospitality Group, Inc, Hyannis, MA

SBA PPP loan data, payroll data, and salaries for Catania Hospitality Group, Inc

Catania Hospitality Group, Inc

Entity: Corporation

Industry: Offices of Other Holding Companies

Location: Hyannis, MA

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Catania Hospitality Group, Inc is a corporation located at 141 Falmouth Rd in Hyannis, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,845,677.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 432 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Catania Hospitality Group, Inc in Hyannis, MA received a Paycheck Protection Loan of $2.85M through ROCKLAND TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Catania Hospitality Group, Inc's total 2019 payroll expenses were approximately $13.66M in order to qualify for the PPP loan amount received.

Based on their reported 432 jobs retained, this equals an estimated average yearly compensation of $31,619 per employee1.

Because the loan received by Catania Hospitality Group, Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Catania Hospitality Group, Inc in Hyannis, MA

Catania Hospitality Group, Inc
141 Falmouth Rd
Hyannis, MA 02601

Business Industry

Offices of Other Holding Companies (NAICS code 551112)

Business Owner Demographics

Race / Ethnicity: WHITE


Veteran Status: NON-VETERAN

Congressional District: MA-09

Similar Companies near Hyannis

In the Hyannis area, 2 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 216 employees (compared to this company's 432) and received an average PPP loan of $1,427,542 (compared to this company's $2.85M).

Similar Nearby Businesses Who Received PPP Funding:

Kilwins Hyannis
Hyannis, MA

$9,407 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 7,606 businesses in the "Offices of Other Holding Companies" industry received a total of $1,222,968,235.00 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 14 employees, 97% lower than Catania Hospitality Group, Inc's reported 432 employees, and received an average PPP loan of $160,790, 94% lower than this company's loan of $2.85M.

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.

Search FederalPay's Full PPP Loan Database

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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