PPP Loan Data — Skygroup Investments, LLC, Austin, TX
Skygroup Investments, LLC is a limited liability company (LLC) located at 6200 Bridge Point Pkwy Bldg 4 Ste 400 in Austin, Texas that received a Coronavirus-related PPP loan from the SBA of $4,523,000.00 in August, 2020.
$ PPP Loan Information
Lender:ENTERPRISE BANK & TRUST
Skygroup Investments, LLC received a Paycheck Protection Loan of $4.52M through ENTERPRISE BANK & TRUST, which was approved in August, 2020.
Based on standard PPP eligibility rules, Skygroup Investments, LLC's total 2019 payroll expenses were approximately $21.71M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $43,421 per employee1.
Business Information - Skygroup Investments, LLC in Austin, TX
6200 Bridge Point Pkwy Bldg 4 Ste 400
Austin, TX 78730
All Other Amusement and Recreation Industries (NAICS code 713990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-25
Similar Companies near Austin
In the Austin area, 2 businesses in the "All Other Amusement and Recreation Industries" industry received a PPP loan. These local businesses reported an average of 250 employees (compared to this company's 500) and received an average PPP loan of $2,262,150 (compared to this company's $4.52M).
Similar Nearby Businesses Who Received PPP Funding:
Salmon River Sportfishing
Industry PPP Comparison Statistics
Nationwide, 12,436 businesses in the "All Other Amusement and Recreation Industries" industry received a total of $744,146,572.00 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 11 employees, 98% lower than Skygroup Investments, LLC's reported 500 employees, and received an average PPP loan of $59,838, 99% lower than this company's loan of $4.52M.
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Footnotes & Information
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