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PPP Loan Data — Shoshone-Bannock Casino, Fort Hall, ID

SBA PPP loan data, payroll data, and salaries for Shoshone-Bannock Casino
ID

Shoshone-Bannock Casino

Entity: Corporation

Industry: Casinos (except Casino Hotels)

Location: Fort Hall, ID

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Shoshone-Bannock Casino is a corporation located at 777 Simplot Rd in Fort Hall, Idaho that received a Coronavirus-related PPP loan from the SBA of $3,014,891.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$3.01M

Jobs Retained:

320

Loan Approved:

2020-05-01

Lender:

U.S. BANK, NATIONAL ASSOCIATION

Shoshone-Bannock Casino received a Paycheck Protection Loan of $3.01M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Shoshone-Bannock Casino's total 2019 payroll expenses were approximately $14.47M in order to qualify for the PPP loan amount received.

Based on their reported 320 jobs retained, this equals an estimated average yearly compensation of $45,223 per employee1.

Because the loan received by Shoshone-Bannock Casino 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 - Shoshone-Bannock Casino in Fort Hall, ID

Shoshone-Bannock Casino
777 Simplot Rd
Fort Hall, ID 83203

Business Industry

Casinos (except Casino Hotels) (NAICS code 713210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: ID-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, 83% lower than Shoshone-Bannock Casino's reported 320 employees, and received an average PPP loan of $480,576, 84% lower than this company's loan of $3.01M.

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/shoshone-bannock-casino-fort-hall-id