PPP Loan Data — P Hendel Products, Lynbrook, NY
P Hendel Products is a partnership located at 146 Horton Ave in Lynbrook, New York that received a Coronavirus-related PPP loan from the SBA of $3,811,900.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
P Hendel Products in Lynbrook, NY received a Paycheck Protection Loan of $3.81M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, P Hendel Products' total 2019 payroll expenses were approximately $18.3M in order to qualify for the PPP loan amount received.
Unlike most businesses, P Hendel Products' 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 - P Hendel Products in Lynbrook, NY
146 Horton Ave
Lynbrook, NY 11563
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-04
Similar Companies near Lynbrook
In the Lynbrook area, 12 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 0) and received an average PPP loan of $480,839 (compared to this company's $3.81M).
Similar Nearby Businesses Who Received PPP Funding:
SP Establishment Inc
Gran Caffe Inc.
Team Hendel Products LLC
Y&K Sushi Restaurant Inc
Long Island, NY
Lynbrook Donut System LLC
VMC Ice Scream Scoop, Inc.
Asian Wok Of Weng Inc
Prima Deli, 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, and received an average PPP loan of $120,904, 97% lower than this company's loan of $3.81M.
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Footnotes & Information
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