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PPP Loan Data — Ampler Burgers LLC, Raleigh, NC

SBA PPP loan data, payroll data, and salaries for Ampler Burgers LLC

Ampler Burgers LLC

Entity: Limited Liability Company (LLC)

Industry: Limited-Service Restaurants

Location: Raleigh, NC

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Ampler Burgers LLC is a limited liability company (LLC) located at 4700 Falls Of Neuse Road, Suite 400 in Raleigh, North Carolina that received a Coronavirus-related PPP loan from the SBA of $4,730,100.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.

$ PPP Loan Information
Loan #2091617102

Loan Size:


Jobs Retained:


Loan Approved:


Loan Status:

Paid in Full or Forgiven


Woodforest National Bank

Ampler Burgers LLC in Raleigh, NC received a Paycheck Protection Loan of $4.73M through Woodforest National Bank, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in July, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Ampler Burgers LLC's 2019 payroll expenses are estimated to be at least $22.7M.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $45,409 per employee1

Reported PPP Proceed Usage:

On the PPP application, Ampler Burgers LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $4,730,100
Because the loan received by Ampler Burgers LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Ampler Burgers LLC in Raleigh, NC

Ampler Burgers LLC
4700 Falls Of Neuse Road, Suite 400
Raleigh, NC 27609

Business Industry:
Limited-Service Restaurants
NAICS code 722513

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: Startup, Loan Funds will Open Business

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Wake County, NC — SBA Office 0460 — Congressional District: NC-02

Businesses Using Same Address:

There are 3 other businesses that received a PPP loan registered to the same address as Ampler Burgers LLC.

Ampler Pizza LLC
Limited-Service Restaurants

$1.51M PPP Loan

Ampler Burgers Ohio LLC
Limited-Service Restaurants

$1.67M PPP Loan

Ampler Chicken LLC
Limited-Service Restaurants

$4.13M PPP Loan

Similar Companies near Raleigh

In the Raleigh area, 33 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 168 employees (compared to this company's 500) and received an average PPP loan of $1,094,281 (compared to this company's $4.73M).

Industry PPP Comparison Statistics

Nationwide, 136,544 businesses in the "Limited-Service Restaurants" industry received a total of $13.87B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 21 employees, 96% lower than Ampler Burgers LLC's reported 500 employees, and received an average PPP loan of $101,555, 98% lower than this company's loan of $4.73M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. 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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