PPP Loan Data — Solage Owners LLC, Calistoga, CA
Solage Owners LLC is a limited liability company (LLC) located at 755 Silverado Trl in Calistoga, California that received a Coronavirus-related PPP loan from the SBA of $2,800,300.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST REPUBLIC BANK
Solage Owners LLC in Calistoga, CA received a Paycheck Protection Loan of $2.8M through FIRST REPUBLIC BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Solage Owners LLC's total 2019 payroll expenses were approximately $13.44M in order to qualify for the PPP loan amount received.
Based on their reported 202 jobs retained, this equals an estimated average yearly compensation of $66,542 per employee1.
Business Information - Solage Owners LLC in Calistoga, CA
755 Silverado Trl
Calistoga, CA 94515
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: NON-VETERANCongressional District: CA-05
Similar Companies near Calistoga
In the Calistoga area, 12 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 55 employees (compared to this company's 202) and received an average PPP loan of $543,226 (compared to this company's $2.8M).
Similar Nearby Businesses Who Received PPP Funding:
Roman Spa Hot Springs Resort
Calistoga Spa, Inc.
Carlin Country Cottages
The Frances House
DSP Blackhawk LLC
Resort At Indian Springs LLC
Calistoga Hotel Group, LP
Sam's Cottage LLC
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, 90% lower than Solage Owners LLC's reported 202 employees, and received an average PPP loan of $161,149, 94% lower than this company's loan of $2.8M.
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Footnotes & Information
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