PPP Loan Data — Dough Mama Kitchen LTD, Columbus, OH
Dough Mama Kitchen LTD is a limited liability company (LLC) located at 3335 N High St in Columbus, Ohio that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least nine people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:The Huntington National Bank
Dough Mama Kitchen LTD in Columbus, OH received a Paycheck Protection Loan of $25,000 through The Huntington National Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Dough Mama Kitchen LTD's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $13,333 per employee1
Reported PPP Proceed Usage:
On the PPP application, Dough Mama Kitchen LTD reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Dough Mama Kitchen LTD in Columbus, OH
3335 N High St
Columbus, OH 43202
NAICS code 722511
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Columbus
In the Columbus area, 102 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 9) and received an average PPP loan of $111,559 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Local Cantina Clintonville LLC
Lineage Brewing LLC
Pharaohs Cafe, Inc
The 1126 Restaurant Inc
USA Palm Tree Enterprise, LLC
Local Cantina German Village
Zaftig Brew Pub Italian Village, LLC
Chang Le Inc
Industry PPP Comparison Statistics
Nationwide, 328,914 businesses in the "Full-Service Restaurants" industry received a total of $42.6B in PPP loans. These businesses account for 3% of total PPP applications submitted, and received 5% of the total PPP funding allocated.
PPP recipients in this industry report an average of 22 employees, 144% higher than Dough Mama Kitchen LTD's reported 9 employees, and received an average PPP loan of $129,504, 418% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!