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PPP Loan Data — Paris Baguette America, Inc., Moonachie, NJ

SBA PPP loan data, payroll data, and salaries for Paris Baguette America, Inc.

Paris Baguette America, Inc.

Entity: Corporation

Industry: Snack and Nonalcoholic Beverage Bars

Location: Moonachie, NJ

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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

Loan Size:


Jobs Retained:


Loan Approved:




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.

Because the loan received by Paris Baguette America, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Paris Baguette America, Inc. in Moonachie, NJ

Paris Baguette America, Inc.
137 West Commercial Ave.
Moonachie, NJ 7074

Business Industry

Snack and Nonalcoholic Beverage Bars (NAICS code 722515)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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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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** This Document Provided By - The Civil Employee's Resource **