FederalPay.org
PPP Loan Data — Halstead Ave Restaurant Corp-Sba Small 7A Term,
Harrison, NY
Halstead Ave Restaurant Corp-Sba Small 7A Term
Entity: Corporation
Industry: Limited-Service Restaurants
Location: Harrison, NY
Tweet This
•
Search All PPP Data
Halstead Ave Restaurant Corp-Sba Small 7A Term is a corporation located at 126 Halstead Avenue in Harrison, New York that received a Coronavirus-related PPP loan from the SBA of $94,438.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-05-01Lender:
TD BANK, NATIONAL ASSOCIATIONHalstead Ave Restaurant Corp-Sba Small 7A Term received a Paycheck Protection Loan of $94,438 through TD BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Halstead Ave Restaurant Corp-Sba Small 7A Term's total 2019 payroll expenses were approximately $453,302 in order to qualify for the PPP loan amount received.
Unlike most businesses, Halstead Ave Restaurant Corp-Sba Small 7A Term's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Halstead Ave Restaurant Corp-Sba Small 7A Term in Harrison, NY
126 Halstead Avenue
Harrison, NY 10528
Business Industry
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-17Similar Companies near Harrison
In the Harrison area, 7 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 73 employees (compared to this company's 0) and received an average PPP loan of $848,023 (compared to this company's $94,438).
Similar Nearby Businesses Who Received PPP Funding:
Cinos, LLC
Harrison, NY
Jam N Pizza Company, Inc
Harrison, NY
New China III USA Inc
Harrison, NY
Am NYC, LLC
Harrison, NY
Apple Metro Inc.
Harrison, NY
Joe Vin Enterprises LLC DBA Uncle Henry
Harrison, NY
Industry PPP Comparison Statistics
Nationwide, 79,996 businesses in the "Limited-Service Restaurants" industry received a total of $9,671,819,152.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, and received an average PPP loan of $120,904, 28% higher than this company's loan of $94,438.
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!