PPP Loan Data — Mitra Qsr Kne LLC, Plano, TX
Mitra Qsr Kne 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 $10,000,000.00 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
Lender:CADENCE BANK, NATIONAL ASSOCIATION
Mitra Qsr Kne LLC received a Paycheck Protection Loan of $10M through CADENCE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mitra Qsr Kne 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 - Mitra Qsr Kne LLC in Plano, TX
7250 Dallas Pkwy
Plano, TX 75024
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: TX-03
Similar Companies near Plano
In the Plano area, 44 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 71 employees (compared to this company's 500) and received an average PPP loan of $686,044 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Seven Spices LLC
Ehsan Aman & Sons LLC
Bellyfire Southeast Asian Kitchen, LLC
Anna Kt, LLC
Campfire Plano LLC
Adriano's Italian Restaurant LLC
Kyoto Japanese Steak House
Tony's Cafe Inc
YAS Enterprises Inc
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 Mitra Qsr Kne LLC's reported 500 employees, and received an average PPP loan of $120,904, 99% lower than this company's loan of $10M.
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