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PPP Loan Data — Thunder Road International LLC,
Brooklyn, NY
Thunder Road International LLC
Entity: Limited Liability Company (LLC)
Industry: Nursing Care Facilities (Skilled Nursing Facilities)
Location: Brooklyn, NY
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Thunder Road International LLC is a limited liability company (LLC) located at 4905 12th Ave in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $5,017,708.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-05-01Lender:
WELLS FARGO BANK, NATIONAL ASSOCIATIONThunder Road International LLC in Brooklyn, NY received a Paycheck Protection Loan of $5.02M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Thunder Road International LLC's total 2019 payroll expenses were approximately $24.08M in order to qualify for the PPP loan amount received.
Unlike most businesses, Thunder Road International LLC'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 - Thunder Road International LLC in Brooklyn, NY
4905 12th Ave
Brooklyn, NY 11219
Business Industry
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-10Similar Companies near Brooklyn
In the Brooklyn area, 15 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 79 employees (compared to this company's 0) and received an average PPP loan of $881,689 (compared to this company's $5.02M).
Similar Nearby Businesses Who Received PPP Funding:
Macon Operating LLC
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Harmony Court Rehab And Nursing LLC
Brooklyn, NY
Chestnut Rehab And Nursing LLC
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Blue Circle Rehab And Nursing LLC
Brooklyn, NY
Blue Stream Rehab And Nursing LLC
Brooklyn, NY
BBW Management Group LLC
Brooklyn, NY
Greenery Operating LLC
Brooklyn, NY
Milan TN Opco LLC
Brooklyn, NY
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 66 employees, and received an average PPP loan of $557,944, 89% lower than this company's loan of $5.02M.
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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