PPP Loan Data — F-Pmab, LLC, Irvine, CA
F-Pmab, LLC is a limited liability company (LLC) located at 100 Spectrum Center Dr. Suite 1240 in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $5,002,035.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF THE WEST
F-Pmab, LLC in Irvine, CA received a Paycheck Protection Loan of $5M through BANK OF THE WEST, which was approved in April, 2020.
Based on standard PPP eligibility rules, F-Pmab, LLC's total 2019 payroll expenses were approximately $24.01M 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 $48,020 per employee1.
Business Information - F-Pmab, LLC in Irvine, CA
100 Spectrum Center Dr. Suite 1240
Irvine, CA 92618
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-45
Similar Companies near Irvine
In the Irvine area, 44 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 500) and received an average PPP loan of $293,112 (compared to this company's $5M).
Similar Nearby Businesses Who Received PPP Funding:
DCB Hospitality Group LLC
Triple T Platinum Corp.
Ital Pizza LLC
You De Inc
MEI Long International Inc
VIP Seafood Restaurant Inc
Smith Organics Naples, LLC
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 F-Pmab, LLC's reported 500 employees, and received an average PPP loan of $116,685, 98% lower than this company's loan of $5M.
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