PPP Loan Data — Bushwood Investments, LLC, Wichita, KS
Bushwood Investments, LLC is a limited liability company (LLC) located at 1223 N Rock Rd in Wichita, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,955,000.00 in April, 2020.
$ PPP Loan Information
Lender:INTRUST BANK, NATIONAL ASSOCIATION
Bushwood Investments, LLC in Wichita, KS received a Paycheck Protection Loan of $2.96M through INTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bushwood Investments, LLC's total 2019 payroll expenses were approximately $14.18M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $70,920 per employee1.
Business Information - Bushwood Investments, LLC in Wichita, KS
1223 N Rock Rd
Wichita, KS 67206
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KS-04
Similar Companies near Wichita
In the Wichita area, 34 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 69 employees (compared to this company's 200) and received an average PPP loan of $714,443 (compared to this company's $2.96M).
Similar Nearby Businesses Who Received PPP Funding:
Malaysia Cafe Inc
El Gordo Mexican Food
Lenguyen LLC DBA Kung Fu Tea
Huntsville Custard, LLC
Poblano Mexican Grill East Inc
BP Group LLC
Kansas West Inc
P J Wichita, 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, 89% lower than Bushwood Investments, LLC's reported 200 employees, and received an average PPP loan of $120,904, 96% lower than this company's loan of $2.96M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!