Several Elite Clubs And Pro Tournament Hosts Score Significant PPP Funds

Outside The Cut highlighted top clubs and resorts taking significant workforce employment funds.

In recent days there has been national scrutiny over who received what, including some potential conflicts of interest as noted here by CNBC. In the golf sector, Outside the Cut Tweeted a list of the top golf operations securing SBA loans during the COVID-19 pandemic.

Besides several hosts of recent PGA Tour events (Colonial, Harbour Town) or upcoming events (Muirfield Village Golf Club), there is Riviera Country Club securing funds between $2-5 million earmarked to help “businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.”

The club is home to Treasury Secretary Steven Mnuchin, who disclosed his membership there and at Sebonack on Long Island as part of his Senate confirmation process.

The full PPP list can be accessed here.

Over 1500 golf related businesses applied and received funds over $150,000, with just over half receiving less than $350,000. (Businesses receiving less than $150,000 were not disclosed).

However, at the top end’s $2-5 million level, several names stand out given their small workforces. In California there is Bighorn, Steele Canyon and Riviera, Bay Hill (TBHC) and Grey Oaks CC in Florida, New Jersey’s Fiddler’s Elbow, Nevada’s Edgewood Tahoe and Horshoe Bay in Texas.

Muirfield Village, home to the next two weeks of PGA Tour golf, was part of a Columbus Dispatch story on the loans.