FederalPay.org
PPP Loan Data — Hagadone Hospitality Co.,
Coeur D Alene, ID
Hagadone Hospitality Co.
Entity: Corporation
Industry: Hotels (except Casino Hotels) and Motels
Location: Coeur D Alene, ID
Tweet This
•
Search All PPP Data
Hagadone Hospitality Co. is a corporation located at 115 S 2nd St. in Coeur D Alene, Idaho that received a Coronavirus-related PPP loan from the SBA of $3,283,755.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-29Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONHagadone Hospitality Co. in Coeur D Alene, ID received a Paycheck Protection Loan of $3.28M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hagadone Hospitality Co.'s total 2019 payroll expenses were approximately $15.76M 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 $31,524 per employee1.
Business Information - Hagadone Hospitality Co. in Coeur D Alene, ID
115 S 2nd St.
Coeur D Alene, ID 83814
Business Industry
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: ID-01Similar Companies near Coeur D Alene
In the Coeur D Alene area, 12 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 56 employees (compared to this company's 500) and received an average PPP loan of $355,362 (compared to this company's $3.28M).
Similar Nearby Businesses Who Received PPP Funding:
Bennett Bay Inc
Coeur D Alene, ID
PSJ Thind Interprize LLC
Coeur D'alene, ID
N & G Hospitality LLC
Coeur D Alene, ID
Heritage Inn Of Coeur D'Alene, LLC
Coeur D Alene, ID
Coeur D'Alene Budget Saver Motel
Coeur D Alene, ID
Sapphire Hospitality Group LLC
Coeur D Alene, ID
Chubbs Hospitality, LLC
Coeur D' Alene, ID
CDA Hospitality, LLC
Coeur D Alene, ID
Blackwell Boutique Hotel LLC
Coeur D Alene, ID
Industry PPP Comparison Statistics
Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 96% lower than Hagadone Hospitality Co.'s reported 500 employees, and received an average PPP loan of $161,149, 95% lower than this company's loan of $3.28M.
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.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!