PPP Loan Data — The Mark Hotel Member 2 LLC, New York, NY
The Mark Hotel Member 2 LLC is a limited liability company (LLC) located at 150 East 58th Street 33rd Fl in New York, New York that received a Coronavirus-related PPP loan from the SBA of $4,346,200.00 in April, 2020.
$ PPP Loan Information
The Mark Hotel Member 2 LLC received a Paycheck Protection Loan of $4.35M through CITIBANK, N.A., which was approved in April, 2020.
Based on standard PPP eligibility rules, The Mark Hotel Member 2 LLC's total 2019 payroll expenses were approximately $20.86M in order to qualify for the PPP loan amount received.
Based on their reported 333 jobs retained, this equals an estimated average yearly compensation of $62,648 per employee1.
Business Information - The Mark Hotel Member 2 LLC in New York, NY
150 East 58th Street 33rd Fl
New York, NY 10155
All Other Business Support Services (NAICS code 561499)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-12
Similar Companies near New York
In the New York area, 3 businesses in the "All Other Business Support Services" industry received a PPP loan. These local businesses reported an average of 116 employees (compared to this company's 333) and received an average PPP loan of $1,575,524 (compared to this company's $4.35M).
Similar Nearby Businesses Who Received PPP Funding:
Edbridge Partners LLC
New York, NY
Milton N Hoffman Co
New York, NY
Industry PPP Comparison Statistics
Nationwide, 28,906 businesses in the "All Other Business Support Services" industry received a total of $1,963,852,672.00 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 5 employees, 98% lower than The Mark Hotel Member 2 LLC's reported 333 employees, and received an average PPP loan of $67,939, 98% lower than this company's loan of $4.35M.
FederalPay's PPP Information Policy
Footnotes & Information
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