PPP Loan Data — New York Road Runners, Inc., New York, NY
New York Road Runners, Inc. is a non-profit organization located at 156 W 56th St in New York, New York that received a Coronavirus-related PPP loan from the SBA of $4,700,000.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
New York Road Runners, Inc. in New York, NY received a Paycheck Protection Loan of $4.7M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, New York Road Runners, Inc.'s total 2019 payroll expenses were approximately $22.56M in order to qualify for the PPP loan amount received.
Based on their reported 288 jobs retained, this equals an estimated average yearly compensation of $78,333 per employee1.
Business Information - New York Road Runners, Inc. in New York, NY
156 W 56th St
New York, NY 10019
Other Spectator Sports (NAICS code 711219)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-12
Industry PPP Comparison Statistics
Nationwide, 2,945 businesses in the "Other Spectator Sports" industry received a total of $139,187,272.00 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 6 employees, 98% lower than New York Road Runners, Inc.'s reported 288 employees, and received an average PPP loan of $47,262, 99% lower than this company's loan of $4.7M.
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Footnotes & Information
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