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PPP Loan Data — Mikan Japnese Restaurant, LLC,
Pembroke Pines, FL
Mikan Japnese Restaurant, LLC
Entity: Limited Liability Company (LLC)
Industry: Full-Service Restaurants
Location: Pembroke Pines, FL
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Mikan Japnese Restaurant, LLC is a limited liability company (LLC) located at 12502 Pines Blvd in Pembroke Pines, Florida that received a Coronavirus-related PPP loan from the SBA of $70,000.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
10Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONMikan Japnese Restaurant, LLC received a Paycheck Protection Loan of $70,000 through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Mikan Japnese Restaurant, LLC's total 2019 payroll expenses were approximately $336,000 in order to qualify for the PPP loan amount received.
Based on their reported 10 jobs retained, this equals an estimated average yearly compensation of $33,600 per employee1.
Business Information - Mikan Japnese Restaurant, LLC in Pembroke Pines, FL
12502 Pines Blvd
Pembroke Pines, FL 33027
Business Industry
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-23Similar Companies near Pembroke Pines
In the Pembroke Pines area, 56 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 10) and received an average PPP loan of $132,552 (compared to this company's $70,000).
Similar Nearby Businesses Who Received PPP Funding:
Amfoods LLC
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Alattin-Kaya, LLC
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Cajun Cafe Pembroke Pines Inc
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Hospitality Events, Inc
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Havana Pembroke LLC
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La Estancia Miramar LLC
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Indian Express Inc
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MAC And Cheese Pines LLC DBA I Heart MAC And Cheese
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C'Era Una Volta,LLC
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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, 100% higher than Mikan Japnese Restaurant, LLC's reported 10 employees, and received an average PPP loan of $116,685, 67% higher than this company's loan of $70,000.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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