PPP Loan Data — Illas Entererprises, Inc., Tampa, FL
Illas Entererprises, Inc. is a subchapter s corporation located at 6948 W Linebaugh Ave in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $3,630,956.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Illas Entererprises, Inc. received a Paycheck Protection Loan of $3.63M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Illas Entererprises, Inc.'s total 2019 payroll expenses were approximately $17.43M 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 $34,857 per employee1.
Business Information - Illas Entererprises, Inc. in Tampa, FL
6948 W Linebaugh Ave
Tampa, FL 33625
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-14
Similar Companies near Tampa
In the Tampa area, 27 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 500) and received an average PPP loan of $187,874 (compared to this company's $3.63M).
Similar Nearby Businesses Who Received PPP Funding:
R & S Tampa LLC
China 88 Cl Inc
License To Grill, LLC
Perky's Foodservice Concepts, Inc.
Main & Main Holdings, LLC
LPC Restaurants, 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, 95% lower than Illas Entererprises, Inc.'s reported 500 employees, and received an average PPP loan of $120,904, 97% lower than this company's loan of $3.63M.
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Footnotes & Information
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