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PPP Loan Data — Ortega National Parks, LLC,
Overland Park, KS
Ortega National Parks, LLC
Entity: Limited Liability Company (LLC)
Industry: Hotels (except Casino Hotels) and Motels
Location: Overland Park, KS
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Ortega National Parks, LLC is a limited liability company (LLC) located at 7400 W 110th St in Overland Park, Kansas that received a Coronavirus-related PPP loan from the SBA of $3,745,800.00 in April, 2020.
The company has reported itself as a male owned business.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-08Lender:
FIRST CHOICE BANKOrtega National Parks, LLC in Overland Park, KS received a Paycheck Protection Loan of $3.75M through FIRST CHOICE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ortega National Parks, LLC's total 2019 payroll expenses were approximately $17.98M in order to qualify for the PPP loan amount received.
Unlike most businesses, Ortega National Parks, 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 - Ortega National Parks, LLC in Overland Park, KS
7400 W 110th St
Overland Park, KS 66210
Business Industry
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: KS-03Similar Companies near Overland Park
In the Overland Park area, 11 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 0) and received an average PPP loan of $591,529 (compared to this company's $3.75M).
Similar Nearby Businesses Who Received PPP Funding:
Overland Park Hospitality LLC
Leawood, KS
Rockgate Management Company
Overland Park, KS
CW Outsource LLC
Overland Park, KS
B&L Motels
Overland Park, KS
Opras Hotel LLC
Overland Park, KS
J Marcli Hotel Group, LLC
Overland Park, KS
True North Hotel Group, Inc.
Overland Park, KS
S & P Hospitality Partnership
Overland Park, KS
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, 96% lower than this company's loan of $3.75M.
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, 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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