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PPP Loan Data — Sonnenalp Properties Inc,
Vail, CO
Sonnenalp Properties Inc
Entity: Corporation
Industry: Hotels (except Casino Hotels) and Motels
Location: Vail, CO
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Sonnenalp Properties Inc is a corporation located at 20 Vail Rd in Vail, Colorado that received a Coronavirus-related PPP loan from the SBA of $3,261,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-08Lender:
ALPINE BANKSonnenalp Properties Inc in Vail, CO received a Paycheck Protection Loan of $3.26M through ALPINE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sonnenalp Properties Inc's total 2019 payroll expenses were approximately $15.66M in order to qualify for the PPP loan amount received.
Unlike most businesses, Sonnenalp Properties Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Sonnenalp Properties Inc in Vail, CO
20 Vail Rd
Vail, CO 81657
Business Industry
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CO-02Similar Companies near Vail
In the Vail area, 11 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 0) and received an average PPP loan of $862,675 (compared to this company's $3.26M).
Similar Nearby Businesses Who Received PPP Funding:
Gravity Haus Vail LLC
Vail, CO
Sitzmark At Vail Inc
Vail, CO
Vail Hotel Partners, LLC
Vail, CO
Lazier Tivoli, LLC
Vail, CO
Piney River Ranch, LLC
Vail, CO
Christiania, Inc.
Vail, CO
Ferruco Vail Operations Corporation
Vail, CO
Mountain Haus Condominium Association
Vail, CO
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, and received an average PPP loan of $161,149, 95% lower than this company's loan of $3.26M.
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, and is published unmodified, as provided by the SBA.
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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