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PPP Loan Data — Greenway Golf Assoc. Inc,
Alameda, CA
Greenway Golf Assoc. Inc
Entity: Corporation
Industry: Administrative Management and General Management Consulting Services
Location: Alameda, CA
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Greenway Golf Assoc. Inc is a corporation located at 1 Clubhouse Memorial Rd in Alameda, California that received a Coronavirus-related PPP loan from the SBA of $927,080.00 in January, 2021.
$
PPP Loan Information
Loan #1971968309
Loan Size:
Jobs Retained:
164Loan Approved:
2021-01-20Loan Status:
Paid in Full or ForgivenLender:
Liberty SBF Holdings LLCGreenway Golf Assoc. Inc in Alameda, CA received a Paycheck Protection Loan of $927,080 through Liberty SBF Holdings LLC, which was approved in January, 2021.
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 April, 2022.
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.
Read MoreUnderstanding 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.
Read MoreBased 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, Greenway Golf Assoc. Inc's 2019 payroll expenses are estimated to be at least $4.45M.
Based on their reported 164 jobs retained, this equals an estimated average yearly compensation of $27,134 per employee1
Reported PPP Proceed Usage:
On the PPP application, Greenway Golf Assoc. Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $927,080
Business Information - Greenway Golf Assoc. Inc in Alameda, CA
1 Clubhouse Memorial Rd
Alameda, CA 94502
Business Industry:
Administrative Management and General Management Consulting Services
NAICS code 541611
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: N
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Greenway Golf Assoc. Inc.
Dialemi Inc
Full-Service Restaurants
Similar Companies near Alameda
In the Alameda area, 30 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 164) and received an average PPP loan of $118,919 (compared to this company's $927,080).
Similar Nearby Businesses Who Received PPP Funding:
Kimberly A. Streeter
Alameda, CA
Alameda Elder Communities, LLC
Alameda, CA
Boost Healthcare Consulting, LLC
Alameda, CA
Spaceship Media Group Inc
Alameda, CA
Hong Ding
Alameda, CA
Layag Associates Inc
Alameda, CA
Team Neiman, LLC
Alameda, CA
Herriot Business Consulting LLC
Alameda, CA
Emerson Human Capital Consulting Inc
Alameda, CA
Industry PPP Comparison Statistics
Nationwide, 92,498 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.46B 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 5 employees, 97% lower than Greenway Golf Assoc. Inc's reported 164 employees, and received an average PPP loan of $58,976, 94% lower than this company's loan of $927,080.
Greenway Golf Assoc. Inc
Entity: Corporation
Industry: Other Management Consulting Services
Location: Alameda, CA
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•
Search All PPP Data
Greenway Golf Assoc. Inc is a corporation located at 1 Clubhouse Memorial Road in Alameda, California that received a Coronavirus-related PPP loan from the SBA of $927,080.00 in April, 2020.
$
PPP Loan Information
Loan #7102717205
Loan Size:
Jobs Retained:
164Loan Approved:
2020-04-28Loan Status:
Paid in Full or ForgivenLender:
Mid Penn BankGreenway Golf Assoc. Inc in Alameda, CA received a Paycheck Protection Loan of $927,080 through Mid Penn 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 June, 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.
Read MoreUnderstanding 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.
Read MoreBased 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, Greenway Golf Assoc. Inc's 2019 payroll expenses are estimated to be at least $4.45M.
Based on their reported 164 jobs retained, this equals an estimated average yearly compensation of $27,134 per employee1
Reported PPP Proceed Usage:
On the PPP application, Greenway Golf Assoc. Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $927,080
Business Information - Greenway Golf Assoc. Inc in Alameda, CA
1 Clubhouse Memorial Road
Alameda, CA 94502
Business Industry:
Other Management Consulting Services
NAICS code 541618
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: N
Rural / Urban: Urban
Similar Companies near Alameda
In the Alameda area, 28 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 164) and received an average PPP loan of $80,557 (compared to this company's $927,080).
Similar Nearby Businesses Who Received PPP Funding:
Telecom611.Com
Alameda, CA
Alexandria Urizar
Alameda, CA
Tanner Boillot
Alameda, CA
Bikehub
Alameda, CA
Benchmark Destinations, Inc
American Canyon, CA
Diverse Strategies
Alameda, CA
Brown And Healthy
Alameda, CA
Arthur Culang
Alameda, CA
Industry PPP Comparison Statistics
Nationwide, 82,169 businesses in the "Other Management Consulting Services" industry received a total of $3.7B 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 4 employees, 98% lower than Greenway Golf Assoc. Inc's reported 164 employees, and received an average PPP loan of $45,000, 95% lower than this company's loan of $927,080.
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.
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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