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PPP Loan Data — PF Growth Partners, LLC, Lutherville Timonium, MD

SBA PPP loan data, payroll data, and salaries for PF Growth Partners, LLC
MD

PF Growth Partners, LLC

Entity: Limited Liability Company (LLC)

Industry: Fitness and Recreational Sports Centers

Location: Lutherville Timonium, MD

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PF Growth Partners, LLC is a limited liability company (LLC) located at 212 W Padonia Rd in Lutherville Timonium, Maryland that received a Coronavirus-related PPP loan from the SBA of $5,158,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.16M

Jobs Retained:

500

Loan Approved:

2020-04-10

Lender:

FIFTH THIRD BANK

PF Growth Partners, LLC received a Paycheck Protection Loan of $5.16M through FIFTH THIRD BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, PF Growth Partners, LLC's total 2019 payroll expenses were approximately $24.76M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $49,522 per employee1.

Because the loan received by PF Growth Partners, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - PF Growth Partners, LLC in Lutherville Timonium, MD

PF Growth Partners, LLC
212 W Padonia Rd
Lutherville Timonium, MD 21093

Business Industry

Fitness and Recreational Sports Centers (NAICS code 713940)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MD-02

Similar Companies near Lutherville Timonium

In the Lutherville Timonium area, 11 businesses in the "Fitness and Recreational Sports Centers" industry received a PPP loan. These local businesses reported an average of 88 employees (compared to this company's 500) and received an average PPP loan of $657,553 (compared to this company's $5.16M).

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 PF Growth Partners, LLC's reported 500 employees, and received an average PPP loan of $52,657, 99% lower than this company's loan of $5.16M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/pf-growth-partners-llc-lutherville-timonium-md