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PPP Loan Data — Harney Hospitality, LP, San Diego, CA

SBA PPP loan data, payroll data, and salaries for Harney Hospitality, LP
CA

Harney Hospitality, LP

Entity: Partnership

Industry: Hotels (except Casino Hotels) and Motels

Location: San Diego, CA

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Harney Hospitality, LP is a partnership located at 11250 El Camino Real, Suite 100 in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $500,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$500,000

Jobs Retained:

50

Loan Approved:

2020-04-09

Lender:

WESTERN ALLIANCE BANK

Harney Hospitality, LP received a Paycheck Protection Loan of $500,000 through WESTERN ALLIANCE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Harney Hospitality, LP's total 2019 payroll expenses were approximately $2.4M in order to qualify for the PPP loan amount received.

Based on their reported 50 jobs retained, this equals an estimated average yearly compensation of $48,000 per employee1.

Business Information - Harney Hospitality, LP in San Diego, CA

Harney Hospitality, LP
11250 El Camino Real, Suite 100
San Diego, CA 92130

Business Industry

Hotels (except Casino Hotels) and Motels (NAICS code 721110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-52

Similar Companies near San Diego

In the San Diego area, 27 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 101 employees (compared to this company's 50) and received an average PPP loan of $844,932 (compared to this company's $500,000).

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, 58% lower than Harney Hospitality, LP's reported 50 employees, and received an average PPP loan of $161,149, 68% lower than this company's loan of $500,000.

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.

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/harney-hospitality-lp-san-diego-ca