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PPP Loan Data — Urban Park Concessionaires, Red Bluff, CA

SBA PPP loan data, payroll data, and salaries for Urban Park Concessionaires
CA

Urban Park Concessionaires

Entity: Corporation

Industry: All Other Traveler Accommodation

Location: Red Bluff, CA

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Urban Park Concessionaires is a corporation located at 2150 Main St in Red Bluff, California that received a Coronavirus-related PPP loan from the SBA of $2,556,147.00 in April, 2020.

The company has reported itself as a White male owned business.

$ PPP Loan Information

Loan Size:

$2.56M

Jobs Retained:

0 Unreported

Loan Approved:

2020-04-06

Lender:

MERCHANTS BANK OF COMMERCE

Urban Park Concessionaires in Red Bluff, CA received a Paycheck Protection Loan of $2.56M through MERCHANTS BANK OF COMMERCE, which was approved in April, 2020.

Based on standard PPP eligibility rules, Urban Park Concessionaires' total 2019 payroll expenses were approximately $12.27M in order to qualify for the PPP loan amount received.

Unlike most businesses, Urban Park Concessionaires' 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.

Because the loan received by Urban Park Concessionaires is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Urban Park Concessionaires in Red Bluff, CA

Urban Park Concessionaires
2150 Main St
Red Bluff, CA 96080

Business Industry

All Other Traveler Accommodation (NAICS code 721199)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: CA-01

Similar Companies near Red Bluff

In the Red Bluff area, 2 businesses in the "All Other Traveler Accommodation" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $1,280,850 (compared to this company's $2.56M).

Similar Nearby Businesses Who Received PPP Funding:

Innovative Logistics Hospitality LLC
Red Bluff, CA

$5,552 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 11,966 businesses in the "All Other Traveler Accommodation" industry received a total of $550,870,656.00 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 4 employees, and received an average PPP loan of $46,036, 98% lower than this company's loan of $2.56M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/urban-park-concessionaires-red-bluff-ca