PPP Loan Data — IX Liberty Center Owner, LP, Greenwich, CT
IX Liberty Center Owner, LP is a limited liability company (LLC) located at 591 West Putnam Avenue in Greenwich, Connecticut that received a Coronavirus-related PPP loan from the SBA of $2,517,849.00 in April, 2020.
$ PPP Loan Information
Lender:WEBSTER BANK, NATIONAL ASSOCIATION
IX Liberty Center Owner, LP received a Paycheck Protection Loan of $2.52M through WEBSTER BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, IX Liberty Center Owner, LP's total 2019 payroll expenses were approximately $12.09M in order to qualify for the PPP loan amount received.
Based on their reported 148 jobs retained, this equals an estimated average yearly compensation of $81,660 per employee1.
Business Information - IX Liberty Center Owner, LP in Greenwich, CT
591 West Putnam Avenue
Greenwich, CT 6830
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-04
Similar Companies near Greenwich
In the Greenwich area, 6 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 125 employees (compared to this company's 148) and received an average PPP loan of $1,226,325 (compared to this company's $2.52M).
Similar Nearby Businesses Who Received PPP Funding:
MMP Opco Parent LLC
Daytona Beach Owner Opco, LLC
Greenwich Hospitality Corp
Homestead Associates, LLC
Brenwood Hospitality LLC
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, 86% lower than IX Liberty Center Owner, LP's reported 148 employees, and received an average PPP loan of $161,149, 94% lower than this company's loan of $2.52M.
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Footnotes & Information
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