PPP Loan Data — Mid Atlantic Diners, LLC, Fremont, CA
Mid Atlantic Diners, LLC is a limited liability company (LLC) located at 3550 Mowry Ave in Fremont, California that received a Coronavirus-related PPP loan from the SBA of $5,670,500.00 in May, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Mid Atlantic Diners, LLC received a Paycheck Protection Loan of $5.67M through ZIONS BANK, A DIVISION OF, which was approved in May, 2020.
Based on standard PPP eligibility rules, Mid Atlantic Diners, LLC's total 2019 payroll expenses were approximately $27.22M 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 $54,437 per employee1.
Business Information - Mid Atlantic Diners, LLC in Fremont, CA
3550 Mowry Ave
Fremont, CA 94538
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-17
Similar Companies near Fremont
In the Fremont area, 66 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 65 employees (compared to this company's 500) and received an average PPP loan of $401,200 (compared to this company's $5.67M).
Similar Nearby Businesses Who Received PPP Funding:
Pizza & Curry, Inc.
Varris Management, Inc.
North Bay Jack, Inc.
HUA & Ming LLC
Fomo Eats Fremont 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 Mid Atlantic Diners, LLC's reported 500 employees, and received an average PPP loan of $120,904, 98% lower than this company's loan of $5.67M.
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Footnotes & Information
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