PPP Loan Data — O2 Holdings, LLC, Raleigh, NC
O2 Holdings, LLC is a limited liability company (LLC) located at 1025 Wade Ave in Raleigh, North Carolina that received a Coronavirus-related PPP loan from the SBA of $3,153,800.00 in April, 2020.
$ PPP Loan Information
Lender:DOGWOOD STATE BANK
O2 Holdings, LLC in Raleigh, NC received a Paycheck Protection Loan of $3.15M through DOGWOOD STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, O2 Holdings, LLC's total 2019 payroll expenses were approximately $15.14M in order to qualify for the PPP loan amount received.
Based on their reported 462 jobs retained, this equals an estimated average yearly compensation of $32,767 per employee1.
Business Information - O2 Holdings, LLC in Raleigh, NC
1025 Wade Ave
Raleigh, NC 27605
Fitness and Recreational Sports Centers (NAICS code 713940)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-04
Similar Companies near Raleigh
In the Raleigh area, 16 businesses in the "Fitness and Recreational Sports Centers" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 462) and received an average PPP loan of $224,468 (compared to this company's $3.15M).
Similar Nearby Businesses Who Received PPP Funding:
Burn Boot Camp North Raleigh, LLC
Triangle Baseball Academy, Inc
Indigo Hot Yoga Center LLC
Fitness Concepts, Inc
B2 Investments Inc.
Nextstep Fitness Raleigh, Inc.
Body Force Boxing Fitness Gym Inc
Industry PPP Comparison Statistics
Nationwide, 30,501 businesses in the "Fitness and Recreational Sports Centers" industry received a total of $1,606,092,659.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 98% lower than O2 Holdings, LLC's reported 462 employees, and received an average PPP loan of $52,657, 98% lower than this company's loan of $3.15M.
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Footnotes & Information
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