PPP Loan Data — Jam N Pizza Company, Inc, Harrison, NY
Jam N Pizza Company, Inc is a corporation located at 4 Cayuga Trail in Harrison, New York that received a Coronavirus-related PPP loan from the SBA of $96,193.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least twelve people during the applicable loan loan period.
$ PPP Loan Information
Lender:LCA BANK CORPORATION
Jam N Pizza Company, Inc received a Paycheck Protection Loan of $96,193 through LCA BANK CORPORATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jam N Pizza Company, Inc's total 2019 payroll expenses were approximately $461,726 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 $38,477 per employee1.
Business Information - Jam N Pizza Company, Inc in Harrison, NY
4 Cayuga Trail
Harrison, NY 10528
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NY-17
Similar Companies near Harrison
In the Harrison area, 7 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 73 employees (compared to this company's 12) and received an average PPP loan of $848,023 (compared to this company's $96,193).
Similar Nearby Businesses Who Received PPP Funding:
Joe Vin Enterprises LLC DBA Uncle Henry
Am NYC, LLC
Apple Metro Inc.
New China III USA Inc
Halstead Ave Restaurant Corp-Sba Small 7A Term
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, 92% higher than Jam N Pizza Company, Inc's reported 12 employees, and received an average PPP loan of $120,904, 26% higher than this company's loan of $96,193.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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