PPP Loan Data — Kraf, Inc DBA Burger King, Phoenix, AZ
Kraf, Inc DBA Burger King is a corporation located at 4341 E. Thomas Road in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,990,700.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Kraf, Inc DBA Burger King in Phoenix, AZ received a Paycheck Protection Loan of $2.99M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kraf, Inc DBA Burger King's total 2019 payroll expenses were approximately $14.36M 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 $28,711 per employee1.
Business Information - Kraf, Inc DBA Burger King in Phoenix, AZ
4341 E. Thomas Road
Phoenix, AZ 85018
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: AZ-07
Similar Companies near Phoenix
In the Phoenix area, 18 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 500) and received an average PPP loan of $217,291 (compared to this company's $2.99M).
Similar Nearby Businesses Who Received PPP Funding:
Black Cat Coffee House
Chicago Hamburger Company Inc.
Arcadia Food Concepts, LLC
CJA Services, LLC
SIP Coffee And Beer Garage LLC
Loving Hut Vegan Cuisine LLC
BF Reading, LLC
Original Tamales Y Tacos Puebla LLC
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, 95% lower than Kraf, Inc DBA Burger King's reported 500 employees, and received an average PPP loan of $120,904, 96% lower than this company's loan of $2.99M.
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