PPP Loan Data — Eagle View Golf Club LLC, Holt, MI
Eagle View Golf Club LLC is a limited liability company (LLC) located at 1185 N Eifert Rd in Holt, Michigan that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:PNC Bank, National Association
Eagle View Golf Club LLC in Holt, MI received a Paycheck Protection Loan of $25,400 through PNC Bank, National Association, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Eagle View Golf Club LLC's 2019 payroll expenses are estimated to be at least $121,920.
Based on their reported 10 jobs retained, this equals an estimated average yearly compensation of $12,192 per employee1
Reported PPP Proceed Usage:
On the PPP application, Eagle View Golf Club LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,400
Business Information - Eagle View Golf Club LLC in Holt, MI
1185 N Eifert Rd
Holt, MI 48842
Golf Courses and Country Clubs
NAICS code 713910
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Holt
In the Holt area, 5 businesses in the "Golf Courses and Country Clubs" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 10) and received an average PPP loan of $47,747 (compared to this company's $25,400).
Similar Nearby Businesses Who Received PPP Funding:
Chemung Hills Golf Club
Stoneybrook Golf Course LLC
Industry PPP Comparison Statistics
Nationwide, 9,352 businesses in the "Golf Courses and Country Clubs" industry received a total of $1.3B 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 28 employees, 180% higher than Eagle View Golf Club LLC's reported 10 employees, and received an average PPP loan of $139,292, 448% higher than this company's loan of $25,400.
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Footnotes & Information
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