PPP Loan Data — Mitra Midwest Operations, LLC,
Plano, TX
Mitra Midwest Operations, LLC
Entity: Limited Liability Company (LLC)
Industry: Full-Service Restaurants
Location: Plano, TX

Mitra Midwest Operations, LLC is a limited liability company (LLC) located at 7250 Dallas Pkwy in Plano, Texas that received a Coronavirus-related PPP loan from the SBA of $3,462,000.00 in April, 2020.
The company has reported itself as an Asian male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-15Lender:
CADENCE BANK, NATIONAL ASSOCIATIONMitra Midwest Operations, LLC received a Paycheck Protection Loan of $3.46M through CADENCE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mitra Midwest Operations, LLC's total 2019 payroll expenses were approximately $16.62M 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 $33,235 per employee1.
Business Information - Mitra Midwest Operations, LLC in Plano, TX
7250 Dallas Pkwy
Plano, TX 75024
Business Industry
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: TX-03Similar Companies near Plano
In the Plano area, 126 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 28 employees (compared to this company's 500) and received an average PPP loan of $184,248 (compared to this company's $3.46M).
Similar Nearby Businesses Who Received PPP Funding:
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Treminio & Alfaro, Inc.
Plano, TX
Old World Restaurants LLC
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Legacy Restaurant Group, LTD
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Bellagreen Texas, LLC
Plano, TX
Joinus Inc
Plano, TX
Bella Italia Plano, LLC
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Viridescent Kitchen, 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, 96% lower than Mitra Midwest Operations, LLC's reported 500 employees, and received an average PPP loan of $116,685, 97% lower than this company's loan of $3.46M.
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.
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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