PPP Loan Data — Kona Grill Acquisition, LLC,
Denver, CO
Kona Grill Acquisition, LLC
Entity: Limited Liability Company (LLC)
Industry:
Location: Denver, CO

Kona Grill Acquisition, LLC is a limited liability company (LLC) located at 1624 Market St in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $8,467,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-28Lender:
BBVA USAKona Grill Acquisition, LLC received a Paycheck Protection Loan of $8.47M through BBVA USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kona Grill Acquisition, LLC's total 2019 payroll expenses were approximately $40.64M 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 $81,283 per employee1.
Business Information - Kona Grill Acquisition, LLC in Denver, CO
Industry PPP Comparison Statistics
Nationwide, 5,156,850 businesses in the "" industry received a total of $522,949,858,572.00 in PPP loans. These businesses account for 100% of total PPP applications submitted, and received 100% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 98% lower than Kona Grill Acquisition, LLC's reported 500 employees, and received an average PPP loan of $101,409, 99% lower than this company's loan of $8.47M.
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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