PPP Loan Data — Wellbridge Club Management, LLC, Greenwood Village, CO
Wellbridge Club Management, LLC is a limited liability company (LLC) located at 6140 Greenwood Plaza Blvd in Greenwood Village, Colorado that received a Coronavirus-related PPP loan from the SBA of $7,274,900.00 in April, 2020.
$ PPP Loan Information
Lender:BOKF, NATIONAL ASSOCIATION
Wellbridge Club Management, LLC in Greenwood Village, CO received a Paycheck Protection Loan of $7.27M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wellbridge Club Management, LLC's total 2019 payroll expenses were approximately $34.92M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $69,839 per employee1.
Business Information - Wellbridge Club Management, LLC in Greenwood Village, CO
6140 Greenwood Plaza Blvd
Greenwood Village, CO 80111
Fitness and Recreational Sports Centers (NAICS code 713940)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-01
Similar Companies near Greenwood Village
In the Greenwood Village area, 31 businesses in the "Fitness and Recreational Sports Centers" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 500) and received an average PPP loan of $259,988 (compared to this company's $7.27M).
Similar Nearby Businesses Who Received PPP Funding:
Pound 4 Pound Athletics
Mighty Mom Fitness Colorado
Mile High Crossfit LLC
Momentum Volleyball Colorado
HIP Method Inc
Greenwood Village, CO
V23 Athletics LTD
Movement Fitness Dtc
Greenwood Village, CO
RAW Arapahoe LLC
Industry PPP Comparison Statistics
Nationwide, 30,501 businesses in the "Fitness and Recreational Sports Centers" industry received a total of $1,606,092,659.00 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 11 employees, 98% lower than Wellbridge Club Management, LLC's reported 500 employees, and received an average PPP loan of $52,657, 99% lower than this company's loan of $7.27M.
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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