PPP Loan Data — Freedom Powersports, LLC, Fort Worth, TX
Freedom Powersports, LLC
Entity: Limited Liability Company (LLC)
Location: Fort Worth, TXTweet This • Search All PPP Data
Freedom Powersports, LLC is a limited liability company (LLC) located at 3301 Hamilton Ave Ste 101 in Fort Worth, Texas that received a Coronavirus-related PPP loan from the SBA of $2,801,425.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST FINANCIAL BANK, NATIONAL ASSOCIATION
Freedom Powersports, LLC received a Paycheck Protection Loan of $2.8M through FIRST FINANCIAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Freedom Powersports, LLC's total 2019 payroll expenses were approximately $13.45M in order to qualify for the PPP loan amount received.
Based on their reported 224 jobs retained, this equals an estimated average yearly compensation of $60,031 per employee1.
Business Information - Freedom Powersports, LLC in Fort Worth, TX
3301 Hamilton Ave Ste 101
Fort Worth, TX 76107
Motorcycle, ATV, and All Other Motor Vehicle Dealers (NAICS code 441228)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-12
Similar Companies near Fort Worth
In the Fort Worth area, 3 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a PPP loan. These local businesses reported an average of 77 employees (compared to this company's 224) and received an average PPP loan of $977,164 (compared to this company's $2.8M).
Similar Nearby Businesses Who Received PPP Funding:
Pollard Aircraft Sales Inc
Fort Worth, TX
MJB Sales LTD
Fort Worth, TX
Industry PPP Comparison Statistics
Nationwide, 5,280 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a total of $853,860,010.00 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, 94% lower than Freedom Powersports, LLC's reported 224 employees, and received an average PPP loan of $161,716, 94% lower than this company's loan of $2.8M.
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