FederalPay.org
PPP Loan Data — Drop Zone Cafe And Bar,
San Antonio, TX
Drop Zone Cafe And Bar
Entity: Self-employed Individual
Industry: Full-Service Restaurants
Location: San Antonio, TX
Tweet This
•
Search All PPP Data
Drop Zone Cafe And Bar is a self-employed individual located in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $18,068.00 in June, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
1Loan Approved:
2020-06-27Lender:
KABBAGE, INC.Drop Zone Cafe And Bar received a Paycheck Protection Loan of $18,068 through KABBAGE, INC., which was approved in June, 2020.
Based on standard PPP eligibility rules, Drop Zone Cafe And Bar's total 2019 payroll expenses were approximately $86,726 in order to qualify for the PPP loan amount received.
Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $86,726 per employee1.
Business Information - Drop Zone Cafe And Bar in San Antonio, TX
[FULL ADDRESS REDACTED]
San Antonio, TX
Business Industry
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TX-35Similar Companies near San Antonio
In the San Antonio area, 62 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 1) and received an average PPP loan of $347,199 (compared to this company's $18,068).
Similar Nearby Businesses Who Received PPP Funding:
Stone Werks Grille @ Heights, LLC
San Antonio, TX
Rockabilly Burgers LLC
San Antonio, TX
PKS San Antonio, LLC
San Antonio, TX
Broadway Japanese Food & Enterprises LLC
San Antonio, TX
Infusa LLC
San Antonio, TX
C-Cks, Inc
San Antonio, TX
Limwill Enterprises Inc.
San Antonio, TX
River Restaurants, LTD
San Antonio, TX
Chang Family Enterprises Inc
San Antonio, TX
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, 1900% higher than Drop Zone Cafe And Bar's reported 1 employees, and received an average PPP loan of $116,685, 546% higher than this company's loan of $18,068.
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.
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!