PPP Loan Data — Rosen Plaza, Inc, Orlando, FL
Rosen Plaza, Inc is a corporation located at 4000 Destination Parkway in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $3,719,062.00 in May, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Rosen Plaza, Inc received a Paycheck Protection Loan of $3.72M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in May, 2020.
Based on standard PPP eligibility rules, Rosen Plaza, Inc's total 2019 payroll expenses were approximately $17.85M in order to qualify for the PPP loan amount received.
Based on their reported 480 jobs retained, this equals an estimated average yearly compensation of $37,191 per employee1.
Business Information - Rosen Plaza, Inc in Orlando, FL
4000 Destination Parkway
Orlando, FL 32819
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-10
Similar Companies near Orlando
In the Orlando area, 37 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 73 employees (compared to this company's 480) and received an average PPP loan of $636,036 (compared to this company's $3.72M).
Similar Nearby Businesses Who Received PPP Funding:
Friendship Hospitality LLC
Stealth Management Group LLC
Premier Hotels LLC
Rosen 9956B, Inc
Laxmi Republic Hotel, LTD
South Park Hospitality, LLP
Rosen 6327, Inc
Major Resorts, LLC
UST Prime III Hotel Owner, LP
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 Rosen Plaza, Inc's reported 480 employees, and received an average PPP loan of $161,149, 96% lower than this company's loan of $3.72M.
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