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The Penthouse Club got 3rd largest SBA disaster grant in BR
Posted on 7/28/21 at 11:07 am
Posted on 7/28/21 at 11:07 am
LINK
When the U.S. Small Business Administration on Tuesday announced the recipients of the Shuttered Venue Operators Grant program, part of a massive package of pandemic relief aid passed by Congress in late 2020 to help struggling performing arts venues, it was not surprising to see most of Baton Rouge’s well-known arts organizations on the list.
What was surprising is that the third-largest grant award in Baton Rouge went—not to the Manship Theatre or the Baton Rouge Symphony Orchestra, as you might expect—but to Baton Rouge Sports Restaurant Inc., a Bennington Avenue establishment better known by the name under which it does business, The Penthouse Club.
According to the SBA, the club received $1.1 million, which is nearly 14% of the total $8.1 million awarded to Baton Rouge-based recipients and nearly three times the amount awarded to No. 4 on the list, the Manship Theatre, which received a little more than $388,000 from the program. In fact, the gentleman’s club got more money than the collective total landed by the Manship Theater, Louisiana Symphony Association, Theater Baton Rouge, LASM, Playmakers of Baton Rouge and Opera Louisiane.
Is this what Congress intended when it approved $7.5 billion to help save struggling theaters and live music venues forced to shut down because of COVID?
On the surface, it would appear not. SBA regulations clearly state that establishments “must not present live performances of a prurient sexual nature” in order to be eligible for the program.
The Penthouse Club, whatever else it offers, clearly bills itself as “adult entertainment” on its website and Facebook page and posts videos of scantily clad and topless women pole dancing.
Two local CPAs consulted about the curiosity say they can’t see how the Penthouse Club qualifies for the program, though neither wanted to comment on the record because they were unfamiliar with the establishment’s application or the more detailed regulations governing the program.
The SBA did not immediately respond to a request seeking comment.
The attorney listed on the Louisiana secretary of state’s website as the representative for The Penthouse Club, Timothy Spratt with New Orleans-based entertainment management firm Kirkendoll Management, did not respond to a request seeking comment before this morning’s deadline.
Executives with local arts organizations, celebrating their own awards, didn’t want to cast aspersions on The Penthouse Club, but they concede they are disheartened.
“It’s disappointing,” says Jenny Ballard, executive director of Theatre Baton Rouge, which received a $128,300 grant. “It’s really disappointing. But I’m just happy we got our award.”
Grant awards were based on the amount of estimated revenue a theater, cinema, museum or live music venue lost during the 2020 shutdown. Amounts were calculated based on 2019 financial statements applicants were required to submit.
Celebrity Theatres on George O’Neal Road, at $1.46 million, Pharaoh’s Palace—better known as The Texas Club, $368,000, and Basin Music Hall at 336 Third St., $325,500, all received considerably more than the BRSO, $146,300, Theatre Baton Rouge, $128,300, Playmakers of Baton Rouge, $67,000 and Opera Louisiana, $58,000.
“It’s fascinating and really stunning,” Arts Council of Baton Rouge Executive Director Renee Chatelain says of the disparity. “We’re just happy so many of our organizations received support from the program.”
When the U.S. Small Business Administration on Tuesday announced the recipients of the Shuttered Venue Operators Grant program, part of a massive package of pandemic relief aid passed by Congress in late 2020 to help struggling performing arts venues, it was not surprising to see most of Baton Rouge’s well-known arts organizations on the list.
What was surprising is that the third-largest grant award in Baton Rouge went—not to the Manship Theatre or the Baton Rouge Symphony Orchestra, as you might expect—but to Baton Rouge Sports Restaurant Inc., a Bennington Avenue establishment better known by the name under which it does business, The Penthouse Club.
According to the SBA, the club received $1.1 million, which is nearly 14% of the total $8.1 million awarded to Baton Rouge-based recipients and nearly three times the amount awarded to No. 4 on the list, the Manship Theatre, which received a little more than $388,000 from the program. In fact, the gentleman’s club got more money than the collective total landed by the Manship Theater, Louisiana Symphony Association, Theater Baton Rouge, LASM, Playmakers of Baton Rouge and Opera Louisiane.
Is this what Congress intended when it approved $7.5 billion to help save struggling theaters and live music venues forced to shut down because of COVID?
On the surface, it would appear not. SBA regulations clearly state that establishments “must not present live performances of a prurient sexual nature” in order to be eligible for the program.
The Penthouse Club, whatever else it offers, clearly bills itself as “adult entertainment” on its website and Facebook page and posts videos of scantily clad and topless women pole dancing.
Two local CPAs consulted about the curiosity say they can’t see how the Penthouse Club qualifies for the program, though neither wanted to comment on the record because they were unfamiliar with the establishment’s application or the more detailed regulations governing the program.
The SBA did not immediately respond to a request seeking comment.
The attorney listed on the Louisiana secretary of state’s website as the representative for The Penthouse Club, Timothy Spratt with New Orleans-based entertainment management firm Kirkendoll Management, did not respond to a request seeking comment before this morning’s deadline.
Executives with local arts organizations, celebrating their own awards, didn’t want to cast aspersions on The Penthouse Club, but they concede they are disheartened.
“It’s disappointing,” says Jenny Ballard, executive director of Theatre Baton Rouge, which received a $128,300 grant. “It’s really disappointing. But I’m just happy we got our award.”
Grant awards were based on the amount of estimated revenue a theater, cinema, museum or live music venue lost during the 2020 shutdown. Amounts were calculated based on 2019 financial statements applicants were required to submit.
Celebrity Theatres on George O’Neal Road, at $1.46 million, Pharaoh’s Palace—better known as The Texas Club, $368,000, and Basin Music Hall at 336 Third St., $325,500, all received considerably more than the BRSO, $146,300, Theatre Baton Rouge, $128,300, Playmakers of Baton Rouge, $67,000 and Opera Louisiana, $58,000.
“It’s fascinating and really stunning,” Arts Council of Baton Rouge Executive Director Renee Chatelain says of the disparity. “We’re just happy so many of our organizations received support from the program.”
Posted on 7/28/21 at 11:17 am to LSUMJ
quote:
In fact, the gentleman’s club got more money than the collective total landed by the Manship Theater, Louisiana Symphony Association, Theater Baton Rouge, LASM, Playmakers of Baton Rouge and Opera Louisiane.
We should be supporting places that employee single mothers instead of helping places that only entertain snobby elites.
Posted on 7/28/21 at 11:20 am to LSUMJ
I mean how else are the dancers going to pay nursing school tuition?
Posted on 7/28/21 at 11:21 am to LSUMJ
It’s because they employ so many college students!
Posted on 7/28/21 at 11:22 am to LSUMJ
quote:
According to the SBA, the club received $1.1 million,
thats chump change.....I know companies that received up to $10mm
Posted on 7/28/21 at 11:25 am to LSUMJ
quote:
It’s fascinating and really stunning,” Arts Council of Baton Rouge Executive Director Renee Chatelain says of the disparity.
Not really stunning at all….those other places have more cash flow than you, thus paid more in taxes, thus they got a bigger part of the grant. Sorry other places offer a more marketable product than yours.
Posted on 7/28/21 at 11:25 am to LSUMJ
quote:
What was surprising is that the third-largest grant award in Baton Rouge went—not to the Manship Theatre or the Baton Rouge Symphony Orchestra, as you might expect—but to Baton Rouge Sports Restaurant Inc., a Bennington Avenue establishment better known by the name under which it does business, The Penthouse Club.
Lets take away the entire should they be eligible for this particular loan but this doesnt come off as surprising to me. The Manship and the Symphony dont have that many shows. They might average 1 show a week while Penthouse is open 6 days a week with more employees/bills.
Posted on 7/28/21 at 11:28 am to Jones
quote:
Lets take away the entire should they be eligible for this particular loan but this doesnt come off as surprising to me. The Manship and the Symphony dont have that many shows. They might average 1 show a week while Penthouse is open 6 days a week with more employees/bills.
most of these neck beard mouth breathers dont understand how the PPP works.....
BTW what is
quote:?????
SBA disaster grant
Posted on 7/28/21 at 11:32 am to tgrbaitn08
Clickbait news crap. Business A type has probably 50x the money flowing in and out of it over Business B type. Business B also survives largely on money donated to them from family and businesses in the area and has never turned a profit.
If we wrote it like that, it would be a non story for the news
If we wrote it like that, it would be a non story for the news
Posted on 7/28/21 at 11:38 am to Jones
Did anyone read the article...
Debatable but still...
quote:
SBA regulations clearly state that establishments “must not present live performances of a prurient sexual nature” in order to be eligible for the program.
Debatable but still...
Posted on 7/28/21 at 11:41 am to shaquilleoatmeal
quote:
Did anyone read the article...
quote:
SBA regulations clearly state that establishments “must not present live performances of a prurient sexual nature” in order to be eligible for the program.
Debatable but still...
Obviously not. When you apply for a PPP this question must be answered and is big as day. Not like it's in the fine print. Somebody's arse is in hot water...
This post was edited on 7/28/21 at 11:43 am
Posted on 7/28/21 at 11:42 am to TigerGman
This isn't PPP, it's an SBA grant.
I personally don't think it's debatable but the tards here will tell you it is.
I personally don't think it's debatable but the tards here will tell you it is.
Posted on 7/28/21 at 11:44 am to TigerGman
quote:no ones arse is in hot water dumb arse......they will just have to pay back the money at 1% interest
Somebody's arse is in hot water...
yall need to calm the frick down
Posted on 7/28/21 at 11:45 am to shaquilleoatmeal
quote:
This isn't PPP, it's an SBA grant.
doesnt matter if it's PPP or SBA...if they dont qualify and received the money....they will just have to pay it back at a low interest rate
Posted on 7/28/21 at 11:45 am to LSUMJ
quote:
Two local CPAs consulted about the curiosity say they can’t see how the Penthouse Club qualifies for the program, though neither wanted to comment on the record because
They didn't want to admit that they had been there.
Posted on 7/28/21 at 12:36 pm to LSUMJ
Strippers come in threes: college students, single moms, coke addicts...clean your nose
Posted on 7/28/21 at 12:51 pm to LSUMJ
quote:
The Penthouse Club, whatever else it offers, clearly bills itself as “adult entertainment” on its website and Facebook page and posts videos of scantily clad and topless women pole dancing.
Did not know that
Posted on 7/28/21 at 1:21 pm to LSUMJ
The difference is that all of the other “deserving” entities mentioned are money pits that rely on grants and charity year-round for their existence. They couldn’t stay open for 6 months without handouts. Penthouse Club prospered on its own earnings, until it was shuttered by Covid.
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