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PPP Loan Data — Kingwood Orlando Reunion Resort LLC,
Kissimmee, FL
Kingwood Orlando Reunion Resort LLC
Entity: Limited Liability Company (LLC)
Industry: Hotels (except Casino Hotels) and Motels
Location: Kissimmee, FL
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Kingwood Orlando Reunion Resort LLC is a limited liability company (LLC) located at 7593 Gathering Dr in Kissimmee, Florida that received a Coronavirus-related PPP loan from the SBA of $2,700,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-30Lender:
REGIONS BANKKingwood Orlando Reunion Resort LLC received a Paycheck Protection Loan of $2.7M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kingwood Orlando Reunion Resort LLC's total 2019 payroll expenses were approximately $12.96M in order to qualify for the PPP loan amount received.
Unlike most businesses, Kingwood Orlando Reunion Resort LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Kingwood Orlando Reunion Resort LLC in Kissimmee, FL
7593 Gathering Dr
Kissimmee, FL 34747
Business Industry
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-09Similar Companies near Kissimmee
In the Kissimmee area, 47 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 0) and received an average PPP loan of $214,138 (compared to this company's $2.7M).
Similar Nearby Businesses Who Received PPP Funding:
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SLB Hospitality, LLC
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Vineland Hospitality LLC
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MJR Parkway Group LLC
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B Miracle Touch Corporation
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8660 W Irlo Bronson LLC
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Terra Verde Resort Master HOA
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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, and received an average PPP loan of $161,149, 94% lower than this company's loan of $2.7M.
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.
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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