MD

Mission BBQ Management, LLC

Entity: Limited Liability Company (LLC)

Industry: Full-Service Restaurants

Location: Glen Burnie, MD

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Mission BBQ Management, LLC is a limited liability company (LLC) located at 7750 Governor Ritchie Highway in Glen Burnie, Maryland that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.

$ PPP Loan Information

Mission BBQ Management, LLC received a Paycheck Protection Loan of $10M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Mission BBQ Management, LLC's total 2019 payroll expenses were approximately $48M 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 $96,000 per employee¹.

Business Information - Mission BBQ Management, LLC in Glen Burnie, MD

Similar Companies near Glen Burnie

In the Glen Burnie area, 39 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 500) and received an average PPP loan of $372,989 (compared to this company's $10M).

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, 96% lower than Mission BBQ Management, LLC's reported 500 employees, and received an average PPP loan of $116,685, 99% lower than this company's loan of $10M.