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PPP Loan Data — Hotspur Resorts Nevada, LTD, Las Vegas, NV

SBA PPP loan data, payroll data, and salaries for Hotspur Resorts Nevada, LTD

Hotspur Resorts Nevada, LTD

Entity: Corporation

Industry: Casino Hotels

Location: Las Vegas, NV

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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

Loan Size:


Jobs Retained:


Loan Approved:




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.

Because the loan received by Hotspur Resorts Nevada, LTD is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Hotspur Resorts Nevada, LTD in Las Vegas, NV

Hotspur Resorts Nevada, LTD
221 N Rampart Blvd
Las Vegas, NV 89145

Business Industry

Casino Hotels (NAICS code 721120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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

$31,320 PPP Loan

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.

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.

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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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