PPP Loan Data — MOD Super Fast Pizza, LLC, Bellevue, WA
MOD Super Fast Pizza, LLC is a limited liability company (LLC) located at 2035 158th Court Ne in Bellevue, Washington that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
MOD Super Fast Pizza, LLC in Bellevue, WA received a Paycheck Protection Loan of $10M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, MOD Super Fast Pizza, 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 - MOD Super Fast Pizza, LLC in Bellevue, WA
2035 158th Court Ne
Bellevue, WA 98008
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-09
Similar Companies near Bellevue
In the Bellevue area, 16 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 83 employees (compared to this company's 500) and received an average PPP loan of $998,354 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Mendez Brothers LLC
Afghan Cuisine, Inc.
Essen Rod Inc
Mediterranean Greens LLC
Tianju USA LLC
Sunflower Express 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 MOD Super Fast Pizza, 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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