PPP Loan Data — Peeled Juice Bar LLC, Highland Park, IL
Peeled Juice Bar LLC is a limited liability company (LLC) located at 1495 Old Deerfield Rd in Highland Park, Illinois that received a Coronavirus-related PPP loan from the SBA of $25,177.00 in April, 2020.
The company has reported itself as a Black or african american male owned business, and employed at least nine people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cross River Bank
Peeled Juice Bar LLC in Highland Park, IL received a Paycheck Protection Loan of $25,177 through Cross River Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Peeled Juice Bar LLC's 2019 payroll expenses are estimated to be at least $120,850.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $13,428 per employee1
Reported PPP Proceed Usage:
On the PPP application, Peeled Juice Bar LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,177
Business Information - Peeled Juice Bar LLC in Highland Park, IL
1495 Old Deerfield Rd
Highland Park, IL 60035
Theater Companies and Dinner Theaters
NAICS code 711110
Business Owner Demographics
Race: Black or African American
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Highland Park
In the Highland Park area, 2 businesses in the "Theater Companies and Dinner Theaters" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 9) and received an average PPP loan of $16,464 (compared to this company's $25,177).
Similar Nearby Businesses Who Received PPP Funding:
Children's Theatre Company
Highland Park, IL
Industry PPP Comparison Statistics
Nationwide, 6,585 businesses in the "Theater Companies and Dinner Theaters" industry received a total of $649.55M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 16 employees, 78% higher than Peeled Juice Bar LLC's reported 9 employees, and received an average PPP loan of $98,641, 292% higher than this company's loan of $25,177.
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Footnotes & Information
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