PPP Loan Data — Nickco Hospitlatity, LLC, Irvine, CA
Nickco Hospitlatity, LLC is a limited liability company (LLC) located at 16721 Millikan Ave in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $3,451,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CITIZENS BUSINESS BANK
Nickco Hospitlatity, LLC in Irvine, CA received a Paycheck Protection Loan of $3.45M through CITIZENS BUSINESS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Nickco Hospitlatity, LLC's total 2019 payroll expenses were approximately $16.56M 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 $33,130 per employee1.
Business Information - Nickco Hospitlatity, LLC in Irvine, CA
16721 Millikan Ave
Irvine, CA 92606
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CA-45
Similar Companies near Irvine
In the Irvine area, 15 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 500) and received an average PPP loan of $333,672 (compared to this company's $3.45M).
Similar Nearby Businesses Who Received PPP Funding:
Triple T Golden Corp
HA Long Inc
House Of Kabob II Inc
Euro Cafe Irvine Inc
KC Of Irvine, Inc.
Genesis New Irvine 1, 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 Nickco Hospitlatity, LLC's reported 500 employees, and received an average PPP loan of $116,685, 97% lower than this company's loan of $3.45M.
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Footnotes & Information
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