PPP Loan Data — K Investments Limited, Bloomsburg, PA
K Investments Limited is a limited liability company (LLC) located at 1388 State Route 487 in Bloomsburg, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,623,861.00 in April, 2020.
$ PPP Loan Information
Lender:COMMUNITY BANK, NATIONAL ASSOCIATION
K Investments Limited in Bloomsburg, PA received a Paycheck Protection Loan of $4.62M through COMMUNITY BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, K Investments Limited's total 2019 payroll expenses were approximately $22.19M 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 $44,389 per employee1.
Business Information - K Investments Limited in Bloomsburg, PA
1388 State Route 487
Bloomsburg, PA 17815
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-09
Similar Companies near Bloomsburg
In the Bloomsburg area, 22 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 64 employees (compared to this company's 500) and received an average PPP loan of $383,729 (compared to this company's $4.62M).
Similar Nearby Businesses Who Received PPP Funding:
Benton Township, PA
First Avenue Saloon Inc.
Three-O-Nine Associates, Inc.
Shuman Ventures Inc
The Old Filling Station
QSL Enterprise, LTD
Williamsport Restaurant Co., Inc.
Main Street Development
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 K Investments Limited's reported 500 employees, and received an average PPP loan of $116,685, 97% lower than this company's loan of $4.62M.
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Footnotes & Information
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