PPP Loan Data — Jalapeno Tree Operating, LLC, Richardson, TX
Jalapeno Tree Operating, LLC is a limited liability company (LLC) located at 1131 Rockingham in Richardson, Texas that received a Coronavirus-related PPP loan from the SBA of $3,916,700.00 in April, 2020.
$ PPP Loan Information
Jalapeno Tree Operating, LLC received a Paycheck Protection Loan of $3.92M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jalapeno Tree Operating, LLC's total 2019 payroll expenses were approximately $18.8M in order to qualify for the PPP loan amount received.
Based on their reported 499 jobs retained, this equals an estimated average yearly compensation of $37,676 per employee1.
Business Information - Jalapeno Tree Operating, LLC in Richardson, TX
Richardson, TX 75080
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-32
Similar Companies near Richardson
In the Richardson area, 91 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 499) and received an average PPP loan of $352,587 (compared to this company's $3.92M).
Similar Nearby Businesses Who Received PPP Funding:
Three Putt Inc
MDJ Roofing, LLC
Magic Cup Inc
Elaiwat Food Enterprise, Inc.
BR Richardson Inc
G A M Torres III LLC
CHA Bar Thai Inc
Rockfish Seafood Grill, Inc
BAF Investments 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, 96% lower than Jalapeno Tree Operating, LLC's reported 499 employees, and received an average PPP loan of $116,685, 97% lower than this company's loan of $3.92M.
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Footnotes & Information
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