PPP Loan Data — Burgerville, LLC, Vancouver, WA
Burgerville, LLC is a limited liability company (LLC) located at 109 West 17th St in Vancouver, Washington that received a Coronavirus-related PPP loan from the SBA of $7,657,800.00 in April, 2020.
$ PPP Loan Information
Burgerville, LLC in Vancouver, WA received a Paycheck Protection Loan of $7.66M through UMPQUA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Burgerville, LLC's total 2019 payroll expenses were approximately $36.76M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $73,515 per employee1.
Business Information - Burgerville, LLC in Vancouver, WA
109 West 17th St
Vancouver, WA 98660
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-03
Similar Companies near Vancouver
In the Vancouver area, 20 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 38 employees (compared to this company's 500) and received an average PPP loan of $451,110 (compared to this company's $7.66M).
Similar Nearby Businesses Who Received PPP Funding:
Hawaiian Style Grill LLC
Java House Inc
Braganza Pearl Tea LLC
Yogurt Time LLC
Thirsty Sasquatch LLC
Kafiex Roasters LLC
K2H Coffee, LLC
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, 95% lower than Burgerville, LLC's reported 500 employees, and received an average PPP loan of $120,904, 98% lower than this company's loan of $7.66M.
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, and is published unmodified, as provided by the SBA.
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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