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PPP Loan Data — Johnny's Pizza House, Inc.,
West Monroe, LA
Johnny's Pizza House, Inc.
Entity: Subchapter S Corporation
Industry: Full-Service Restaurants
Location: West Monroe, LA
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Johnny's Pizza House, Inc. is a subchapter s corporation located at 100 Arkansas Rd in West Monroe, Louisiana that received a Coronavirus-related PPP loan from the SBA of $3,073,981.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-09Lender:
PROGRESSIVE BANKJohnny's Pizza House, Inc. received a Paycheck Protection Loan of $3.07M through PROGRESSIVE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Johnny's Pizza House, Inc.'s total 2019 payroll expenses were approximately $14.76M 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 $29,510 per employee1.
Business Information - Johnny's Pizza House, Inc. in West Monroe, LA
100 Arkansas Rd
West Monroe, LA 71291
Business Industry
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: LA-05Similar Companies near West Monroe
In the West Monroe area, 25 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 500) and received an average PPP loan of $190,858 (compared to this company's $3.07M).
Similar Nearby Businesses Who Received PPP Funding:
Bangkok Spice Restaurant, LLC
West Monroe, LA
Ascc Inc
West Monroe, LA
Tokyo Japanese Steakhouse And Seafood, LLC
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Kayla Bird
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SHA Investments, LLC
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Burrito Loko LLC
West Monroe, LA
A & M Restaurant Operations, LLC
West Monroe, LA
Don Chuy Mexican Grill Inc
West Monroe, LA
Sweet T's Buffet
West Monroe, LA
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 Johnny's Pizza House, Inc.'s reported 500 employees, and received an average PPP loan of $116,685, 96% lower than this company's loan of $3.07M.
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.
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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