PPP Loan Data — Hyde Park Burgers, LLC, Natick, MA
Hyde Park Burgers, LLC is a limited liability company (LLC) located at 20 Main Street Suite 304 in Natick, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,482,900.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
Hyde Park Burgers, LLC in Natick, MA received a Paycheck Protection Loan of $2.48M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hyde Park Burgers, LLC's total 2019 payroll expenses were approximately $11.92M in order to qualify for the PPP loan amount received.
Unlike most businesses, Hyde Park Burgers, LLC'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 - Hyde Park Burgers, LLC in Natick, MA
20 Main Street Suite 304
Natick, MA 01760
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-05
Similar Companies near Natick
In the Natick area, 23 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 0) and received an average PPP loan of $172,837 (compared to this company's $2.48M).
Similar Nearby Businesses Who Received PPP Funding:
Porter Enterprises, Inc.
GF Vasey Burgers II, LLC
MA-Hh Plaistow RD Burgers, LLC
GF Vasey Burgers III, LLC
Lucky Infinity, LLC
Vasey Burgers Vermont I, LLC
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, 95% lower than this company's loan of $2.48M.
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Footnotes & Information
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