Coronavirus Bailouts

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NASSAU REGIONAL OFF-TRACK BETTING CORPORATION

Loan Amount

$2-5 million

Location

Mineola, NY

Industry

Other Gambling Industries

Business Type

Non-Profit Organization

Jobs Retained

143

Lender

Dime Community Bank

Date Approved

April 28, 2020

Companies and nonprofit organizations that receive PPP loans may have the loans forgiven if they meet certain criteria, including not laying off employees during an 8-week period covered by the loan. Applicants must attest in their application that the loans are necessary for their continuing operation. Note: This data includes loan applications approved by banks and submitted to the SBA. It may not reflect money distributed to, or credit used by, a given company.

If you are a representative of this company and believe this record is in error, contact us.

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We’re reporting on what happens as bailout money makes it to businesses. Select either or both of the following if you can help us report.

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Has this employer responded to the economic crisis with any of the following:

Has this employer responded to the economic crisis with any of the following:

 Layoffs/furloughs Pay cuts  Organizational restructuring Actions related to unionization or collective bargaining 

What do you know about the bailout money this company received or applied for?

What do you know about the bailout money this company received or applied for?

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Through which program did the company receive support?

Through which program did the company receive support?

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Some of the bailout programs come with restrictions on executive pay, stock buybacks and dividend payments. 

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About this data

This data comes from the Small Business Administration, and includes lender-approved loans under the Paycheck Protection Program of at least $150,000. The federal government released data on loan approvals of less than $150,000, and that data was used to calculate summary figures for states. Organizations with lender-approved loans of less than $150,000 do not appear in this data. Other loan programs, such as Economic Injury Disaster Loans, are not included in this database. The data includes the congressional district of each organization, but for Pennsylvania and North Carolina the districts reflect pre-2018 redistricting.

Journalists: Thank you for using this database. Please cite ProPublica by linking to this page. Questions? Contact us.