PPP Loan Data — Great American Restaurants Inc, Fairfax, VA
Great American Restaurants Inc is a subchapter s corporation located at 8280 Willow Oaks Corporate Dr in Fairfax, Virginia that received a Coronavirus-related PPP loan from the SBA of $3,681,400.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Great American Restaurants Inc received a Paycheck Protection Loan of $3.68M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Great American Restaurants Inc's total 2019 payroll expenses were approximately $17.67M in order to qualify for the PPP loan amount received.
Based on their reported 199 jobs retained, this equals an estimated average yearly compensation of $88,798 per employee1.
Business Information - Great American Restaurants Inc in Fairfax, VA
8280 Willow Oaks Corporate Dr
Fairfax, VA 22031
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-11
Similar Companies near Fairfax
In the Fairfax area, 77 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 199) and received an average PPP loan of $169,285 (compared to this company's $3.68M).
Similar Nearby Businesses Who Received PPP Funding:
Brion's Restaurant, LLC
New Bravo Restaurant Inc
Mungkorn Thong Inc
Bonchon Va Inc
Coastal Flats 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, 90% lower than Great American Restaurants Inc's reported 199 employees, and received an average PPP loan of $116,685, 97% lower than this company's loan of $3.68M.
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Footnotes & Information
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