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PPP Loan Data — River Rock Entertainment Authority, Geyserville, CA

SBA PPP loan data, payroll data, and salaries for River Rock Entertainment Authority
CA

River Rock Entertainment Authority

Entity: Trust

Industry: Casinos (except Casino Hotels)

Location: Geyserville, CA

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River Rock Entertainment Authority is a trust located at 3250 Highway 128 East in Geyserville, California that received a Coronavirus-related PPP loan from the SBA of $4,330,283.00 in April, 2020.

The company has reported itself as an American indian or alaska native owned business, and employed at least 331 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$4.33M

Jobs Retained:

331

Loan Approved:

2020-04-28

Lender:

NATIVE AMERICAN BANK, NATIONAL ASSOCIATION

River Rock Entertainment Authority received a Paycheck Protection Loan of $4.33M through NATIVE AMERICAN BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, River Rock Entertainment Authority's total 2019 payroll expenses were approximately $20.79M in order to qualify for the PPP loan amount received.

Based on their reported 331 jobs retained, this equals an estimated average yearly compensation of $62,796 per employee1.

Because the loan received by River Rock Entertainment Authority 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 - River Rock Entertainment Authority in Geyserville, CA

River Rock Entertainment Authority
3250 Highway 128 East
Geyserville, CA 95441

Business Industry

Casinos (except Casino Hotels) (NAICS code 713210)

Business Owner Demographics

Race / Ethnicity: AMERICAN INDIAN OR ALASKA NATIVE

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-02

Industry PPP Comparison Statistics

Nationwide, 493 businesses in the "Casinos (except Casino Hotels)" industry received a total of $236,923,979.00 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 53 employees, 84% lower than River Rock Entertainment Authority's reported 331 employees, and received an average PPP loan of $480,576, 89% lower than this company's loan of $4.33M.

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.

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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/river-rock-entertainment-authority-geyserville-ca