PPP Loan Data — Mckaren LP, Dallas, TX
Mckaren LP is a partnership located at 12970 Pandora Dr, Ste 24 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $2,464,906.00 in April, 2020.
$ PPP Loan Information
Mckaren LP received a Paycheck Protection Loan of $2.46M through PLAINSCAPITAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mckaren LP's total 2019 payroll expenses were approximately $11.83M 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 $23,663 per employee1.
Business Information - Mckaren LP in Dallas, TX
12970 Pandora Dr, Ste 24
Dallas, TX 75238
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-05
Similar Companies near Dallas
In the Dallas area, 16 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 49 employees (compared to this company's 500) and received an average PPP loan of $229,396 (compared to this company's $2.46M).
Similar Nearby Businesses Who Received PPP Funding:
One90 BBQ LLC
J.V.V.'s D.Q., Inc.
J Camp Wisdom Restaurant, LLC
Pizza Way 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 Mckaren LP's reported 500 employees, and received an average PPP loan of $120,904, 95% lower than this company's loan of $2.46M.
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Footnotes & Information
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