PPP Loan Data — Pleasant Travel Service, Newbury Park, CA
Pleasant Travel Service is a subchapter s corporation located at 2830 Borchard Road in Newbury Park, California that received a Coronavirus-related PPP loan from the SBA of $6,900,725.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF HAWAII
Pleasant Travel Service in Newbury Park, CA received a Paycheck Protection Loan of $6.9M through BANK OF HAWAII, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pleasant Travel Service's total 2019 payroll expenses were approximately $33.12M 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 $66,247 per employee1.
Business Information - Pleasant Travel Service in Newbury Park, CA
2830 Borchard Road
Newbury Park, CA 91320
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-26
Similar Companies near Newbury Park
In the Newbury Park area, 4 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 135 employees (compared to this company's 500) and received an average PPP loan of $1,805,868 (compared to this company's $6.9M).
Similar Nearby Businesses Who Received PPP Funding:
Diamond Construction Inc.
Santa Clarita, CA
Newbury Park, CA
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, 96% lower than Pleasant Travel Service's reported 500 employees, and received an average PPP loan of $161,149, 98% lower than this company's loan of $6.9M.
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Footnotes & Information
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