PPP Loan Data — Paris Baguette America, Inc., Moonachie, NJ
Paris Baguette America, Inc. is a corporation located at 137 West Commercial Ave. in Moonachie, New Jersey that received a Coronavirus-related PPP loan from the SBA of $7,663,700.00 in April, 2020.
$ PPP Loan Information
Paris Baguette America, Inc. received a Paycheck Protection Loan of $7.66M through OAKSTAR BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Paris Baguette America, Inc.'s total 2019 payroll expenses were approximately $36.79M 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 $73,572 per employee1.
Business Information - Paris Baguette America, Inc. in Moonachie, NJ
137 West Commercial Ave.
Moonachie, NJ 7074
Snack and Nonalcoholic Beverage Bars (NAICS code 722515)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-09
Similar Companies near Moonachie
In the Moonachie area, 3 businesses in the "Snack and Nonalcoholic Beverage Bars" industry received a PPP loan. These local businesses reported an average of 172 employees (compared to this company's 500) and received an average PPP loan of $2,568,655 (compared to this company's $7.66M).
Similar Nearby Businesses Who Received PPP Funding:
My Food USA LLC
Lovin Today LLC
Wood Ridge, NJ
Industry PPP Comparison Statistics
Nationwide, 13,677 businesses in the "Snack and Nonalcoholic Beverage Bars" industry received a total of $740,265,347.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 98% lower than Paris Baguette America, Inc.'s reported 500 employees, and received an average PPP loan of $54,125, 99% lower than this company's loan of $7.66M.
FederalPay's PPP Information Policy
Footnotes & Information
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