PPP Loan Data — Tradition Management, LLC, Dallas, TX
Tradition Management, LLC is a limited liability company (LLC) located at 5850 E. Lovers Ln. in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $3,071,100.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Tradition Management, LLC received a Paycheck Protection Loan of $3.07M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tradition Management, LLC's total 2019 payroll expenses were approximately $14.74M in order to qualify for the PPP loan amount received.
Based on their reported 480 jobs retained, this equals an estimated average yearly compensation of $30,711 per employee1.
Business Information - Tradition Management, LLC in Dallas, TX
5850 E. Lovers Ln.
Dallas, TX 75206
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-32
Similar Companies near Dallas
In the Dallas area, 4 businesses in the "Continuing Care Retirement Communities" industry received a PPP loan. These local businesses reported an average of 130 employees (compared to this company's 480) and received an average PPP loan of $947,250 (compared to this company's $3.07M).
Similar Nearby Businesses Who Received PPP Funding:
Heartis Mid-Cities Partners, LP
South Bay Partners, LLC
TRV Operations LLC
Industry PPP Comparison Statistics
Nationwide, 2,172 businesses in the "Continuing Care Retirement Communities" industry received a total of $1,251,764,538.00 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 69 employees, 86% lower than Tradition Management, LLC's reported 480 employees, and received an average PPP loan of $576,319, 81% lower than this company's loan of $3.07M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!