PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Stone Oak Hospitality LLC, San Antonio, TX

ALERT: There are 2 PPP loans for a total of $347,617 in our database for businesses with the name "Stone Oak Hospitality LLC" in San Antonio, TX. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Stone Oak Hospitality LLC

FRANCHISE

TX

Stone Oak Hospitality LLC

Entity: Limited Liability Company (LLC)

Industry: Hotels (except Casino Hotels) and Motels

Franchise: Holiday Inn

Location: San Antonio, TX

Search All PPP Data

Stone Oak Hospitality LLC is a limited liability company (LLC) located at 19280 Redland Rd in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $210,479.00 in March, 2021. This business is a Holiday Inn franchise.

The company has reported itself as a male owned business, and employed at least 25 people during the applicable loan loan period.

$ PPP Loan Information
Loan #9454778505

Loan Size:

$210,479

Jobs Retained:

25

Loan Approved:

2021-03-12

Loan Status:

Active Un-Disbursed

Lender:

Texas Capital Bank, National Association
PPP Funds Undisbursed

Stone Oak Hospitality LLC in San Antonio, TX received a Paycheck Protection Loan of $210,479 through Texas Capital Bank, National Association, which was approved in March, 2021.

While this loan has been approved by the Small Business Administration, the lender has not reported to the SBA that the loan funds were disbursed to the borrower. According to SBA records, a total of $210,479 in approved PPP funding has not been disbursed. The loan's status was last updated by the SBA in March, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Stone Oak Hospitality LLC's 2019 payroll expenses are estimated to be at least $1.01M.

Based on their reported 25 jobs retained, this equals an estimated average yearly compensation of $40,412 per employee1

Reported PPP Proceed Usage:

On the PPP application, Stone Oak Hospitality LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $210,473
  • Utilities: $1

Business Information - Stone Oak Hospitality LLC in San Antonio, TX

Stone Oak Hospitality LLC
19280 Redland Rd
San Antonio, TX 78259

Business Industry:
Hotels (except Casino Hotels) and Motels
NAICS code 721110

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Bexar County, TX — SBA Office 0681 — Congressional District: TX-21

Similar Companies near San Antonio

In the San Antonio area, 16 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 25) and received an average PPP loan of $149,151 (compared to this company's $210,479).

Industry PPP Comparison Statistics

Nationwide, 76,144 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $13.3B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 24 employees, 4% lower than Stone Oak Hospitality LLC's reported 25 employees, and received an average PPP loan of $174,695, 17% lower than this company's loan of $210,479.

SBA PPP loan data, payroll data, and salaries for Stone Oak Hospitality LLC

FRANCHISE

TX

Stone Oak Hospitality LLC

Entity: Limited Liability Company (LLC)

Industry: Hotels (except Casino Hotels) and Motels

Franchise: Holiday Inn

Location: San Antonio, TX

Search All PPP Data

Stone Oak Hospitality LLC is a limited liability company (LLC) located at 19280 Redland Rd in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $137,138.00 in April, 2020. This business is a Holiday Inn franchise.

The company has reported itself as a male owned business, and employed at least twelve people during the applicable loan loan period.

$ PPP Loan Information
Loan #9652777107

Loan Size:

$137,138

Jobs Retained:

12

Loan Approved:

2020-04-15

Loan Status:

Ongoing Loan

Lender:

Texas Capital Bank, National Association

Stone Oak Hospitality LLC in San Antonio, TX received a Paycheck Protection Loan of $137,138 through Texas Capital Bank, National Association, which was approved in April, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Stone Oak Hospitality LLC's 2019 payroll expenses are estimated to be at least $658,262.

Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $54,855 per employee1

Reported PPP Proceed Usage:

On the PPP application, Stone Oak Hospitality LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $102,853
  • Utilities: $17,142
  • Mortgage Interest: $17,142

Business Information - Stone Oak Hospitality LLC in San Antonio, TX

Stone Oak Hospitality LLC
19280 Redland Rd
San Antonio, TX 78251

Business Industry:
Hotels (except Casino Hotels) and Motels
NAICS code 721110

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Bexar County, TX — SBA Office 0681 — Congressional District: TX-20

Similar Companies near San Antonio

In the San Antonio area, 9 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 61 employees (compared to this company's 12) and received an average PPP loan of $508,605 (compared to this company's $137,138).

Industry PPP Comparison Statistics

Nationwide, 76,144 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $13.3B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 24 employees, 100% higher than Stone Oak Hospitality LLC's reported 12 employees, and received an average PPP loan of $174,695, 27% higher than this company's loan of $137,138.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/stone-oak-hospitality-llc-san-antonio-tx