PPP Loan Data — Manchester Sports Center, Inc., Manchester, CT
Manchester Sports Center, Inc. is a corporation located at 24 Adams Street in Manchester, Connecticut that received a Coronavirus-related PPP loan from the SBA of $2,538,600.00 in April, 2020.
The company has reported itself as a White male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WEBSTER BANK, NATIONAL ASSOCIATION
Manchester Sports Center, Inc. received a Paycheck Protection Loan of $2.54M through WEBSTER BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Manchester Sports Center, Inc.'s total 2019 payroll expenses were approximately $12.19M in order to qualify for the PPP loan amount received.
Unlike most businesses, Manchester Sports Center, Inc.'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 - Manchester Sports Center, Inc. in Manchester, CT
24 Adams Street
Manchester, CT 6042
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CT-01
Similar Companies near Manchester
In the Manchester area, 2 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 28 employees (compared to this company's 0) and received an average PPP loan of $1,574,050 (compared to this company's $2.54M).
Similar Nearby Businesses Who Received PPP Funding:
Chase Nissan, LLC
Industry PPP Comparison Statistics
Nationwide, 16,570 businesses in the "New Car Dealers" industry received a total of $10,869,996,969.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 47 employees, and received an average PPP loan of $656,005, 74% lower than this company's loan of $2.54M.
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Footnotes & Information
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