PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Fitness Alliance, LLC, Phoenix, AZ

ALERT: There are a total of 2 PPP loans in our database for businesses with the name "Fitness Alliance, LLC" in Phoenix, AZ. Reasoning for multiple loans may include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. See the list of loans under this name and additional details below.

SBA PPP loan data, payroll data, and salaries for Fitness Alliance, LLC
AZ

Fitness Alliance, LLC

Entity: Limited Liability Company (LLC)

Industry: Fitness and Recreational Sports Centers

Location: Phoenix, AZ

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Fitness Alliance, LLC is a limited liability company (LLC) located at 1 E Washington Street #250 in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $3,478,411.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.48M

Jobs Retained:

500

Loan Approved:

2020-04-28

Lender:

TCF NATIONAL BANK

Fitness Alliance, LLC received a Paycheck Protection Loan of $3.48M through TCF NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Fitness Alliance, LLC's total 2019 payroll expenses were approximately $16.7M 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 $33,393 per employee1.

Because the loan received by Fitness Alliance, LLC 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 - Fitness Alliance, LLC in Phoenix, AZ

Fitness Alliance, LLC
1 E Washington Street #250
Phoenix, AZ 85004

Business Industry

Fitness and Recreational Sports Centers (NAICS code 713940)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AZ-07

Similar Companies near Phoenix

In the Phoenix area, 9 businesses in the "Fitness and Recreational Sports Centers" industry received a PPP loan. These local businesses reported an average of 214 employees (compared to this company's 500) and received an average PPP loan of $912,576 (compared to this company's $3.48M).

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, 98% lower than Fitness Alliance, LLC's reported 500 employees, and received an average PPP loan of $52,657, 98% lower than this company's loan of $3.48M.

SBA PPP loan data, payroll data, and salaries for Fitness Alliance, LLC
AZ

Fitness Alliance, LLC

Entity: Limited Liability Company (LLC)

Industry: Fitness and Recreational Sports Centers

Location: Phoenix, AZ

Search All PPP Data

Fitness Alliance, LLC is a limited liability company (LLC) located at 1 E Washington Street #250 in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $1,363,380.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$1.36M

Jobs Retained:

500

Loan Approved:

2020-04-28

Lender:

TCF NATIONAL BANK

Fitness Alliance, LLC received a Paycheck Protection Loan of $1.36M through TCF NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Fitness Alliance, LLC's total 2019 payroll expenses were approximately $6.54M 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 $13,088 per employee1.

Business Information - Fitness Alliance, LLC in Phoenix, AZ

Fitness Alliance, LLC
1 E Washington Street #250
Phoenix, AZ 85004

Business Industry

Fitness and Recreational Sports Centers (NAICS code 713940)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AZ-07

Similar Companies near Phoenix

In the Phoenix area, 9 businesses in the "Fitness and Recreational Sports Centers" industry received a PPP loan. These local businesses reported an average of 214 employees (compared to this company's 500) and received an average PPP loan of $912,576 (compared to this company's $1.36M).

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, 98% lower than Fitness Alliance, LLC's reported 500 employees, and received an average PPP loan of $52,657, 96% lower than this company's loan of $1.36M.

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.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/fitness-alliance-llc-phoenix-az