PPP Loan Data — Hotspur Resorts Nevada, LTD, Las Vegas, NV
Hotspur Resorts Nevada, LTD is a corporation located at 221 N Rampart Blvd in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $4,987,704.00 in April, 2020.
$ PPP Loan Information
Lender:WESTERN ALLIANCE BANK
Hotspur Resorts Nevada, LTD received a Paycheck Protection Loan of $4.99M through WESTERN ALLIANCE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hotspur Resorts Nevada, LTD's total 2019 payroll expenses were approximately $23.94M in order to qualify for the PPP loan amount received.
Based on their reported 300 jobs retained, this equals an estimated average yearly compensation of $79,803 per employee1.
Business Information - Hotspur Resorts Nevada, LTD in Las Vegas, NV
221 N Rampart Blvd
Las Vegas, NV 89145
Casino Hotels (NAICS code 721120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NV-03
Similar Companies near Las Vegas
In the Las Vegas area, 2 businesses in the "Casino Hotels" industry received a PPP loan. These local businesses reported an average of 155 employees (compared to this company's 300) and received an average PPP loan of $2,509,512 (compared to this company's $4.99M).
Similar Nearby Businesses Who Received PPP Funding:
Hummus Rampart LLC
Las Vegas, NV
Industry PPP Comparison Statistics
Nationwide, 322 businesses in the "Casino Hotels" industry received a total of $284,070,183.00 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 90 employees, 70% lower than Hotspur Resorts Nevada, LTD's reported 300 employees, and received an average PPP loan of $882,206, 82% lower than this company's loan of $4.99M.
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Footnotes & Information
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