OR

Jalisco Rodriguez Inc.

Entity: Corporation

Industry: Full-Service Restaurants

Location: Portland, OR

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Jalisco Rodriguez Inc. is a corporation located at 15655 Se 116th Ave in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $50,000.00 in April, 2020.

$ PPP Loan Information

Jalisco Rodriguez Inc. received a Paycheck Protection Loan of $50,000 through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 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, Jalisco Rodriguez Inc.'s total 2019 payroll expenses were approximately $240,000 in order to qualify for the PPP loan amount received.

Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $20,000 per employee¹.

Business Information - Jalisco Rodriguez Inc. in Portland, OR

Similar Companies near Portland

In the Portland area, 63 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 12) and received an average PPP loan of $174,224 (compared to this company's $50,000).

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, 67% higher than Jalisco Rodriguez Inc.'s reported 12 employees, and received an average PPP loan of $116,685, 133% higher than this company's loan of $50,000.