PPP Loan Data — NDM Restaurants Lc, Ogden, UT
NDM Restaurants Lc is a limited liability company (LLC) located at 5929 Fashion Point Dr Ste 501 in Ogden, Utah that received a Coronavirus-related PPP loan from the SBA of $2,715,400.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
NDM Restaurants Lc received a Paycheck Protection Loan of $2.72M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, NDM Restaurants Lc's total 2019 payroll expenses were approximately $13.03M 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 $26,068 per employee1.
Business Information - NDM Restaurants Lc in Ogden, UT
5929 Fashion Point Dr Ste 501
Ogden, UT 84403
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: UT-01
Similar Companies near Ogden
In the Ogden area, 40 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 76 employees (compared to this company's 500) and received an average PPP loan of $346,311 (compared to this company's $2.72M).
Similar Nearby Businesses Who Received PPP Funding:
Dragon Restaurant Inc
Meridian Restaurants Unlimited Lc
V I Store 1 LLC
Virg's Ogden Inc.
New Hunan LLC
Bella's Fresh Mexican Grill Inc
Kogane Korean Kitchen
South Ogden, UT
Lolo Hawaiian BBQ Inc
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 NDM Restaurants Lc's reported 500 employees, and received an average PPP loan of $116,685, 96% lower than this company's loan of $2.72M.
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Footnotes & Information
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