PPP Loan Data — Parrish Restaurants, LTD, Dallas, TX
Parrish Restaurants, LTD is a limited liability partnership located at 400 S Zang Blvd 1203, in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $3,840,300.00 in April, 2020.
$ PPP Loan Information
Parrish Restaurants, LTD in Dallas, TX received a Paycheck Protection Loan of $3.84M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Parrish Restaurants, LTD's total 2019 payroll expenses were approximately $18.43M in order to qualify for the PPP loan amount received.
Based on their reported 499 jobs retained, this equals an estimated average yearly compensation of $36,941 per employee1.
Business Information - Parrish Restaurants, LTD in Dallas, TX
400 S Zang Blvd 1203,
Dallas, TX 75208
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-33
Similar Companies near Dallas
In the Dallas area, 19 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 60 employees (compared to this company's 499) and received an average PPP loan of $764,938 (compared to this company's $3.84M).
Similar Nearby Businesses Who Received PPP Funding:
The Saxton Group Restaurant Holdings, LLC
Freida Kassam US Inc DBA Country Burger
Slow Bone LLC
The Island Spot - Oc, LLC
Sonic At Riverfront LLC
Pollo Fiesta, LLC
Hunky's, Inc DBA Hunky's Old Fashioned Hamburgers
Locals Only LLC
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, 95% lower than Parrish Restaurants, LTD's reported 499 employees, and received an average PPP loan of $120,904, 97% lower than this company's loan of $3.84M.
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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