PPP Loan Data — Sports Endeavors Incorporated, Hillsborough, NC
Sports Endeavors Incorporated is a corporation located at 431 Us Highway E in Hillsborough, North Carolina that received a Coronavirus-related PPP loan from the SBA of $6,167,700.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Sports Endeavors Incorporated in Hillsborough, NC received a Paycheck Protection Loan of $6.17M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sports Endeavors Incorporated's total 2019 payroll expenses were approximately $29.6M in order to qualify for the PPP loan amount received.
Based on their reported 437 jobs retained, this equals an estimated average yearly compensation of $67,746 per employee1.
Business Information - Sports Endeavors Incorporated in Hillsborough, NC
431 Us Highway E
Hillsborough, NC 27278
Electronic Shopping and Mail-Order Houses (NAICS code 454110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-04
Industry PPP Comparison Statistics
Nationwide, 7,082 businesses in the "Electronic Shopping and Mail-Order Houses" industry received a total of $544,486,530.00 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 7 employees, 98% lower than Sports Endeavors Incorporated's reported 437 employees, and received an average PPP loan of $76,883, 99% lower than this company's loan of $6.17M.
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Footnotes & Information
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