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PPP Loan Data — PF Growth Partners, LLC,
Lutherville Timonium, 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:
Jobs Retained:
500Loan Approved:
2020-04-10Lender:
FIFTH THIRD BANKPF 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.
Business Information - PF Growth Partners, LLC in Lutherville Timonium, MD
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-02Similar 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).
Similar Nearby Businesses Who Received PPP Funding:
Sweat Performance, LLC
Lutherville-timonium, MD
Core Cycle Studios, Inc.
Timonium, MD
Aqua Salon & Spa, Inc
Lutherville, MD
Maryland Athletic Club & Wellness Center LLC
Lutherville Timonium, MD
Brick Bodies Fitness Services, Inc.
Lutherville Timonium, MD
PF At Ballwin, LLC
Lutherville Timonium, MD
MAC Express, LLC
Lutherville Timonium, MD
Greater Baltimore Tennis Patrons Assoc
Lutherville, MD
Lbss, LLC
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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.
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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