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PPP Loan Data — Bon Jer Frank, Inc.,
West Jordan, UT
Bon Jer Frank, Inc.
Entity: Corporation
Industry: Limited-Service Restaurants
Location: West Jordan, UT
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Bon Jer Frank, Inc. is a corporation located at 8911 S 2700 W in West Jordan, Utah that received a Coronavirus-related PPP loan from the SBA of $93,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 30 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
30Loan Approved:
2020-04-29Lender:
AMERICA FIRST FCUBon Jer Frank, Inc. received a Paycheck Protection Loan of $93,000 through AMERICA FIRST FCU, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Bon Jer Frank, Inc.'s total 2019 payroll expenses were approximately $446,400 in order to qualify for the PPP loan amount received.
Based on their reported 30 jobs retained, this equals an estimated average yearly compensation of $14,880 per employee1.
Business Information - Bon Jer Frank, Inc. in West Jordan, UT
8911 S 2700 W
West Jordan, UT 84088
Business Industry
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: UT-04Similar Companies near West Jordan
In the West Jordan area, 8 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 82 employees (compared to this company's 30) and received an average PPP loan of $1,193,886 (compared to this company's $93,000).
Similar Nearby Businesses Who Received PPP Funding:
Freeze West Jordan, LLC
West Jordan, UT
SDI, West Jordan, Ut, LLC
West Jordan, UT
Hungry Hawaiian, LLC
Woods Cross, UT
C&R Management
West Jordan, UT
Riley's Sandwich & Shake Shope
West Jordan, UT
Sexy Pizza LLC
West Jordan, UT
Arctic Circle Restaurants, Inc.
West Jordan, UT
Industry PPP Comparison Statistics
Nationwide, 79,996 businesses in the "Limited-Service Restaurants" industry received a total of $9,671,819,152.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, 23% lower than Bon Jer Frank, Inc.'s reported 30 employees, and received an average PPP loan of $120,904, 30% higher than this company's loan of $93,000.
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.
Footnotes & Information
1. 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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