PPP Loan Data — Project Hospitality, Inc., Staten Island, NY
Project Hospitality, Inc. is a non-profit organization located at 100 Park Ave in Staten Island, New York that received a Coronavirus-related PPP loan from the SBA of $3,512,875.00 in April, 2020.
$ PPP Loan Information
Project Hospitality, Inc. in Staten Island, NY received a Paycheck Protection Loan of $3.51M through INVESTORS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Project Hospitality, Inc.'s total 2019 payroll expenses were approximately $16.86M in order to qualify for the PPP loan amount received.
Based on their reported 376 jobs retained, this equals an estimated average yearly compensation of $44,845 per employee1.
Business Information - Project Hospitality, Inc. in Staten Island, NY
100 Park Ave
Staten Island, NY 10302
Other Community Housing Services (NAICS code 624229)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-11
Industry PPP Comparison Statistics
Nationwide, 1,771 businesses in the "Other Community Housing Services" industry received a total of $328,310,030.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 19 employees, 95% lower than Project Hospitality, Inc.'s reported 376 employees, and received an average PPP loan of $185,381, 95% lower than this company's loan of $3.51M.
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Footnotes & Information
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