PPP Loan Data — Performance Entertainment, LLC, Englewood, CO
Performance Entertainment, LLC is a limited liability company (LLC) located at 9085 East Mineral Circle Suite 240 in Englewood, Colorado that received a Coronavirus-related PPP loan from the SBA of $1,827,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 360 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Zions Bank, A Division of
Performance Entertainment, LLC in Englewood, CO received a Paycheck Protection Loan of $1.83M through Zions Bank, A Division of, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in February, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Performance Entertainment, LLC's 2019 payroll expenses are estimated to be at least $8.77M.
Based on their reported 360 jobs retained, this equals an estimated average yearly compensation of $24,365 per employee1
Reported PPP Proceed Usage:
On the PPP application, Performance Entertainment, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,827,400
Business Information - Performance Entertainment, LLC in Englewood, CO
9085 East Mineral Circle Suite 240
Englewood, CO 80112
NAICS code 713950
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Englewood
In the Englewood area, 4 businesses in the "Bowling Centers" industry received a PPP loan. These local businesses reported an average of 116 employees (compared to this company's 360) and received an average PPP loan of $597,801 (compared to this company's $1.83M).
Similar Nearby Businesses Who Received PPP Funding:
Valley Club Lanes, LLC
Arapahoe Bowling Center LTD
Greenwood Village, CO
Industry PPP Comparison Statistics
Nationwide, 4,102 businesses in the "Bowling Centers" industry received a total of $320.33M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 19 employees, 95% lower than Performance Entertainment, LLC's reported 360 employees, and received an average PPP loan of $78,091, 96% lower than this company's loan of $1.83M.
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Footnotes & Information
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