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PPP Loan Data — Nobu Malibu LLC,
Malibu, CA
Nobu Malibu LLC
Entity: Limited Liability Company (LLC)
Industry: Full-Service Restaurants
Location: Malibu, CA
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Nobu Malibu LLC is a limited liability company (LLC) located at 22706 Pacific Coast Highway in Malibu, California that received a Coronavirus-related PPP loan from the SBA of $3,114,700.00 in April, 2020.
The company has reported itself as a male owned business.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-11Lender:
NEW YORK BUSINESS DEVELOPMENT CORPORATIONNobu Malibu LLC in Malibu, CA received a Paycheck Protection Loan of $3.11M through NEW YORK BUSINESS DEVELOPMENT CORPORATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Nobu Malibu LLC's total 2019 payroll expenses were approximately $14.95M in order to qualify for the PPP loan amount received.
Unlike most businesses, Nobu Malibu LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Nobu Malibu LLC in Malibu, CA
22706 Pacific Coast Highway
Malibu, CA 90265
Business Industry
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: CA-33Similar Companies near Malibu
In the Malibu area, 74 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 0) and received an average PPP loan of $302,081 (compared to this company's $3.11M).
Similar Nearby Businesses Who Received PPP Funding:
El Gringo Manhattan Beach LLC
Manhattan Beach, CA
Consolidated Soup Inc
Malibu, CA
OB's Bar & Grill
Manhattan Beach, CA
Gabriele Foods Inc.
Manhattan Beach, CA
My Corona Sharona, LLC
Manhattan Beach, CA
Talia's Incorporated
Manhattan Beach, CA
Jinapun Corporation
Manhattan Beach, CA
Gima Restaurant Inc
Malibu, CA
Malibu Farm LLC
Malibu, CA
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, and received an average PPP loan of $116,685, 96% lower than this company's loan of $3.11M.
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, 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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