PPP Loan Data — Sportime Clubs LLC, Kings Park, NY
Sportime Clubs LLC is a limited liability company (LLC) located at 275 Old Indianhead Rd in Kings Park, New York that received a Coronavirus-related PPP loan from the SBA of $3,774,557.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Sportime Clubs LLC in Kings Park, NY received a Paycheck Protection Loan of $3.77M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sportime Clubs LLC's total 2019 payroll expenses were approximately $18.12M in order to qualify for the PPP loan amount received.
Based on their reported 465 jobs retained, this equals an estimated average yearly compensation of $38,963 per employee1.
Business Information - Sportime Clubs LLC in Kings Park, NY
275 Old Indianhead Rd
Kings Park, NY 11754
Fitness and Recreational Sports Centers (NAICS code 713940)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-03
Similar Companies near Kings Park
In the Kings Park area, 10 businesses in the "Fitness and Recreational Sports Centers" industry received a PPP loan. These local businesses reported an average of 56 employees (compared to this company's 465) and received an average PPP loan of $431,440 (compared to this company's $3.77M).
Similar Nearby Businesses Who Received PPP Funding:
Sunshine Nails & Spa Inc
Lake Grove, NY
The Modern Improvement Club, Inc.
Superior Ice Rink, Inc
Kings Park, NY
Lynbrook Tennis Time, LLC
Kings Park, NY
Industry PPP Comparison Statistics
Nationwide, 30,501 businesses in the "Fitness and Recreational Sports Centers" industry received a total of $1,606,092,659.00 in PPP loans. These businesses account for 1% 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 Sportime Clubs LLC's reported 465 employees, and received an average PPP loan of $52,657, 99% lower than this company's loan of $3.77M.
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Footnotes & Information
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