PPP Loan Data — Vail Hotel Partners, LLC, Vail, CO
Vail Hotel Partners, LLC is a limited liability company (LLC) located at 1300 Westhaven Dr in Vail, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,761,534.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Vail Hotel Partners, LLC received a Paycheck Protection Loan of $2.76M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Vail Hotel Partners, LLC's total 2019 payroll expenses were approximately $13.26M in order to qualify for the PPP loan amount received.
Based on their reported 262 jobs retained, this equals an estimated average yearly compensation of $50,593 per employee1.
Business Information - Vail Hotel Partners, LLC in Vail, CO
1300 Westhaven Dr
Vail, CO 81657
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-02
Similar Companies near Vail
In the Vail area, 11 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 262) and received an average PPP loan of $862,675 (compared to this company's $2.76M).
Similar Nearby Businesses Who Received PPP Funding:
Ferruco Vail Operations Corporation
Piney River Ranch, LLC
International Sales Consultants
Sonnenalp Properties Inc
Sitzmark At Vail Inc
Mountain Haus Condominium Association
Lazier Tivoli, LLC
Industry PPP Comparison Statistics
Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 92% lower than Vail Hotel Partners, LLC's reported 262 employees, and received an average PPP loan of $161,149, 94% lower than this company's loan of $2.76M.
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Footnotes & Information
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