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PPP Loan Data — Broadwayeats6106 LLC, San Antonio, TX

SBA PPP loan data, payroll data, and salaries for Broadwayeats6106 LLC
TX

Broadwayeats6106 LLC

Entity: Limited Liability Company (LLC)

Industry: Full-Service Restaurants

Location: San Antonio, TX

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Broadwayeats6106 LLC is a limited liability company (LLC) located at 6106 Broadway St in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $149,900.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least 31 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$149,900

Jobs Retained:

31

Loan Approved:

2020-04-28

Lender:

LONE STAR NATIONAL BANK

Broadwayeats6106 LLC received a Paycheck Protection Loan of $149,900 through LONE STAR NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Broadwayeats6106 LLC's total 2019 payroll expenses were approximately $719,520 in order to qualify for the PPP loan amount received.

Based on their reported 31 jobs retained, this equals an estimated average yearly compensation of $23,210 per employee1.

Business Information - Broadwayeats6106 LLC in San Antonio, TX

Broadwayeats6106 LLC
6106 Broadway St
San Antonio, TX 78209

Business Industry

Full-Service Restaurants (NAICS code 722511)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: FEMALE OWNED

Veteran Status: Unreported

Congressional District: TX-21

Similar Companies near San Antonio

In the San Antonio area, 49 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 31) and received an average PPP loan of $344,858 (compared to this company's $149,900).

Industry PPP Comparison Statistics

Nationwide, 175,054 businesses in the "Full-Service Restaurants" industry received a total of $20,426,260,320.00 in PPP loans. These businesses account for 3% of total PPP applications submitted, and received 4% of the total PPP funding allocated.

PPP recipients in this industry report an average of 20 employees, 35% lower than Broadwayeats6106 LLC's reported 31 employees, and received an average PPP loan of $116,685, 22% lower than this company's loan of $149,900.

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. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/broadwayeats6106-llc-san-antonio-tx