PPP Loan Data — I Serv BBQ, LLC, Ocala, FL
I Serv BBQ, LLC is a limited liability company (LLC) located at 2605 Sw 33rd St. in Ocala, Florida that received a Coronavirus-related PPP loan from the SBA of $5,825,500.00 in April, 2020.
$ PPP Loan Information
I Serv BBQ, LLC received a Paycheck Protection Loan of $5.83M through AMERIS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, I Serv BBQ, LLC's total 2019 payroll expenses were approximately $27.96M in order to qualify for the PPP loan amount received.
Based on their reported 357 jobs retained, this equals an estimated average yearly compensation of $78,326 per employee1.
Business Information - I Serv BBQ, LLC in Ocala, FL
2605 Sw 33rd St.
Ocala, FL 34471
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-03
Similar Companies near Ocala
In the Ocala area, 55 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 357) and received an average PPP loan of $185,276 (compared to this company's $5.83M).
Similar Nearby Businesses Who Received PPP Funding:
Celebrity's Management Company LLC
Weitlauf Restaurants LLC
Fiore's Cafe, Inc.
Mojo Brick City Barbecue, LLC
Mojo Grill 200 LLC
Z.L. 168, Inc
Southern Vine On Broadway LLC
Southside Deli Of Ocala, Inc.
First Quality Restaurant 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, 94% lower than I Serv BBQ, LLC's reported 357 employees, and received an average PPP loan of $116,685, 98% lower than this company's loan of $5.83M.
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Footnotes & Information
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