PPP Loan Data — Skiers Choice, Maryville, TN
Skiers Choice is a corporation located at 1717 Henry G Lane in Maryville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $3,101,168.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 270 people during the applicable loan loan period.
$ PPP Loan Information
Lender:PEOPLES BANK OF THE SOUTH
Skiers Choice received a Paycheck Protection Loan of $3.1M through PEOPLES BANK OF THE SOUTH, which was approved in April, 2020.
Based on standard PPP eligibility rules, Skiers Choice's total 2019 payroll expenses were approximately $14.89M in order to qualify for the PPP loan amount received.
Based on their reported 270 jobs retained, this equals an estimated average yearly compensation of $55,132 per employee1.
Business Information - Skiers Choice in Maryville, TN
1717 Henry G Lane
Maryville, TN 37801
Boat Building (NAICS code 336612)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: TN-02
Industry PPP Comparison Statistics
Nationwide, 865 businesses in the "Boat Building" industry received a total of $229,475,071.00 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 23 employees, 91% lower than Skiers Choice's reported 270 employees, and received an average PPP loan of $265,289, 91% lower than this company's loan of $3.1M.
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Footnotes & Information
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