The Del Mar racing season begins Friday with horses and riders, a virtual hat contest and no one in the stands. But the organizers have already won up to $ 5 million from the government.
The club is one of 52 Del Mar companies earning at least $ 150,000 from the Paycheque Protection Program through the US Small Business Administration.
Another is the 22nd District Agricultural Association, which manages the Del Mar exhibition center and said end of May that “without the $ 20 million in emergency aid requested by the state of California to get us back on our feet, the fairgrounds will potentially have to close its doors.”
The 22nd District received $ 2-5 million through a taxpayer-funded P3 to keep 213 employees employed. But on June 18, the agency announced that its workforce of 157 full-time, full-year employees could be reduced by 58% in October.
(Although the governor appoints the members of the group’s board of directors, the organization receives no state funding. *)
SBA calls PPP a $ 669 billion loan scheme to directly incent small businesses to keep workers on payroll – part of $ 2 trillion CARES Law promulgated on March 27 by President Trump. About 650,000 businesses received money.
“The loan can be partially or totally canceled if the company keeps the number of employees and wages stable,” the SBA said.
But large companies are also eligible.
In San Diego County, several large hotel companies have received between $ 5 million and $ 10 million through a PPP, listing the maximum of 500 workers per site as beneficiaries, although they are known to employ many more. across the company.
Bartell Hotels – whose eight properties include the luxurious Sheraton La Jolla Hotel, Humphreys Half Moon Inn and The Dana On Mission Bay – was one.
Another was Evans Hotels – which says it employs 1,208 at the Tony Bahia Resort Hotel, Catamaran Resort Hotel and The Lodge at Torrey Pines. It lists 500 “retained jobs”.
The Times of San Diego has counted at least 57 San Diego County businesses as having received a loan of $ 5 million to $ 10 million. Almost 5,000 businesses or nonprofits in the city of San Diego have actually obtained taxpayer grants of more than $ 150,000 under the P3.
Known names include Rubio Restaurants inc. of Carlsbad, the creator of fish tacos who claims to have more than 4,000 employees and operates nearly 200 restaurants in California, Arizona, Colorado, Utah and Nevada.
- Brigantine Inc. of San Diego (500 jobs retained)
- Claim Jumper Acquisition Co. LLC of San Diego (0 listed)
- Fish Market Restaurants Inc. of San Diego (500)
- Islands Restaurants LP de Carlsbad (500)
- And Urban Plates LLC of Encinitas (204)
Large hotels and catering businesses were able to take advantage of the Small Business Program because of a loophole that allowed businesses with multiple locations to apply for loans if they kept their employees and payrolls at certain levels.
“This provision was inserted after hotel and restaurant lobbyists asked lawmakers who design the program, especially Republican Senator Marco Rubio of Florida, for special attention. The exclusion allowed hotels and restaurants to apply for funds regardless of the number of workers they had, as long as each location employed fewer than 500, ”the Washington Post reported.
San Diego’s Largest Law Firm – Procopio, Cory, Hargreaves & Savitch LLP – told the government it could keep 258 employees at work. He also received between 5 and 10 million dollars.
At least two nonprofits have secured loans in the same range – La Jolla Institute for Immunology (376 jobs retained) and Avid Center (448).
Lesser-known San Diego employers have loaned up to $ 10 million:
- Glenn A. Rick Engineering and Development Co. of San Diego (500 jobs retained).
- Kleinfelder Group Inc. of San Diego (500), an engineering, construction management, design and environmental professional services company (which) operates more than 60 offices in the United States, Canada and Australia.
- Poway PKL Services Inc. (500), a defense contractor who was awarded a $ 1.8 million training contract on May 15 to support the Royal Thai Air Force in Bangkok, Thailand.
- Professional Maintenance Systems Inc. of San Diego (500) or PMS, which prides itself on being “the largest woman-owned concierge company in Southern California with over 1,200 employees.”
- And Retail Services WIS Corp. of San Diego (500), who says, “With thousands of employees already online, WIS International has the bandwidth to provide hundreds of market-specific personnel to reset entire stores or to help open a new store in start from nothing. “
Two Encinitas companies operating at 2339 11th St. – Manna Development Group LLC and Manna Colorado LLC – list 500 retained jobs each. They both got loans of at least $ 5 million.
Other local businesses that received a loan between $ 5 million and $ 10 million were:
- AO REED & CO (477) from San Diego.
- ANESTHESIA SERVICE MEDICAL GROUP INC of San Diego (262)
- ASC STAFFING GROUP LLC of La Jolla (500)
- ASSOCIATED MICROBREWERIES LTD of San Diego (0 positions retained)
- CALIFORNIA CANCER ASSOCIATES FOR RESEARCH AND EXCELLENCE INC. from San Diego (366)
- CAR SOUND EXHAUST SYSTEM INC. from Oceanside (250).
- CERCA TROVA RESTAURANT GROUP HOLDINGS INC. from San Diego (500)
- COFFMAN SPECIALTIES INC. from San Diego (315)
- San Diego D&K ENGINEERING (346)
- EPSILON SYSTEMS SOLUTIONS INC. from San Diego (500)
- F&B ASSOCIATES INC. from San Diego (475)
- FUN EATS AND DRINKS LLC of San Diego (0)
- HAWTHORNE MACHINERY CO. from San Diego (489)
- MEMBERS OF THE HOSPITALITY TEAM INC. from San Marcos (442)
- HOST HEALTHCARE INC. by La Jolla (485)
- INNOVASYSTEMS INTL LLC of San Diego (300)
- INVIVOSCRIBE INC. from San Diego (177)
- KINGS & CONVICTS BP LLC of San Diego (500)
- LETTER RIDE LLC of San Diego (no figures listed)
- MAD ENGINE LLC of San Diego (244)
- MERRY X-RAY CHEMICAL CORP. from San Diego (454)
- MILLENNIUM HEALTH LLC of San Diego (500)
- MISSION HEALTHCARE SERVICES LLC of San Diego (500)
- MOBILEONE SARL of La Jolla (500)
- MOSSY NISSAN INC. of the national city (0)
- NATIONAL FINANCING INC. from San Diego (334)
- NINYO & MOORE GEOTECHNICAL & ENVIRONNEMENT of San Diego (no figures listed)
- PC SPECIALIST INC. from San Diego (246)
- PREMIER FOOD CONCEPTS LLC of San Diego (500)
- PRO ENERGY SERVICES GROUP LLC of Ramona (205)
- REDHORSE CORPORATION of San Diego (250)
- SEASPINE HOLDINGS CORP. From Carlsbad (391)
- SMARTDRIVE SYSTEMS INC. from San Diego (225)
- SOUTHCOAST WELDING & MANUFACTURING LLC of Chula Vista (500)
- TAYLOR-LISTUG INC. by El Cajon (454)
- TECHFLOW INC. from San Diego (320)
- TRADEMARK CONSTRUCTION CO. INC. from San Diego (448)
- TWO JINN INC. from Carlsbad (no figures listed)
- TYSON & MENDES LLP de La Jolla (no figure listed)
However, the SBA said, “PPP loan data reflects the information that borrowers have provided to their lenders when applying for PPP loans. The SBA cannot make any representation as to the accuracy or completeness of the information borrowers have provided to their lenders. Not all borrowers provided all of the information.
More than 27,000 individuals and businesses in the City of San Diego have received less than $ 150,000 each in P3 funds, but this dataset – released after trial citing Freedom of Information Act – did not list names.
* An earlier version of this story linked to an incorrect version of the Fairground LinkedIn page.
Updated at 12:05 p.m. on July 7, 2020.