PPP Loan Data — Cava Mezze Grill, LLC, Washington, DC
Cava Mezze Grill, LLC is a limited liability company (LLC) located at 702 H Street Nw in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Cava Mezze Grill, LLC received a Paycheck Protection Loan of $10M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Cava Mezze Grill, LLC's total 2019 payroll expenses were approximately $48M 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 $96,000 per employee1.
Business Information - Cava Mezze Grill, LLC in Washington, DC
702 H Street Nw
Washington, DC 20001
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: DC-
Similar Companies near Washington
In the Washington area, 185 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 500) and received an average PPP loan of $205,165 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Capital Cafe Gourmet Salad Bar & Grill
Fishcraft Poke DC LLC
FAI Pizza LLC
Cheng Restaurant Corp
Luam Mit LLC
WET Dog, LLC
Szechaun House Restaurant Inc
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, 96% lower than Cava Mezze Grill, LLC's reported 500 employees, and received an average PPP loan of $116,685, 99% lower than this company's loan of $10M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!