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PPP Loan Data — Pj's Pizza Plaza Inc,
Anchorage, AK
Pj's Pizza Plaza Inc
Entity: Subchapter S Corporation
Industry: Cafeterias, Grill Buffets, and Buffets
Location: Anchorage, AK
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Pj's Pizza Plaza Inc is a subchapter s corporation located at 601 E Northern Lights Blvd in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of $53,725.00 in April, 2021.
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PPP Loan Information
Loan #1430018804
Loan Size:
Jobs Retained:
12Loan Approved:
2021-04-10Loan Status:
Ongoing LoanLender:
Northrim BankPj's Pizza Plaza Inc in Anchorage, AK received a Paycheck Protection Loan of $53,725 through Northrim Bank, which was approved in April, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Pj's Pizza Plaza Inc's 2019 payroll expenses are estimated to be at least $257,880.
Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $21,490 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pj's Pizza Plaza Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $53,721
- Utilities: $1
Business Information - Pj's Pizza Plaza Inc in Anchorage, AK
601 E Northern Lights Blvd
Anchorage, AK 99503
Business Industry:
Cafeterias, Grill Buffets, and Buffets
NAICS code 722514
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Pj's Pizza Plaza Inc.
Nutz Gadget LLC
Electronics Stores
Similar Companies near Anchorage
In the Anchorage area, 6 businesses in the "Cafeterias, Grill Buffets, and Buffets" industry received a PPP loan. These local businesses reported an average of 110 employees (compared to this company's 12) and received an average PPP loan of $804,875 (compared to this company's $53,725).
Similar Nearby Businesses Who Received PPP Funding:
Corral NW, LLC
Anchorage, AK
YAK And Yeti LLC
Anchorage, AK
Tommy P, Inc
Anchorage, AK
MRD, Inc
Anchorage, AK
Industry PPP Comparison Statistics
Nationwide, 5,717 businesses in the "Cafeterias, Grill Buffets, and Buffets" industry received a total of $401.25M 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 13 employees, 8% higher than Pj's Pizza Plaza Inc's reported 12 employees, and received an average PPP loan of $70,185, 31% higher than this company's loan of $53,725.
Pj's Pizza Plaza Inc
Entity: Subchapter S Corporation
Industry: Full-Service Restaurants
Location: Anchorage, AK
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Pj's Pizza Plaza Inc is a subchapter s corporation located at 601 E Northern Lights Blvd in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of $53,853.00 in May, 2020.
$
PPP Loan Information
Loan #2968117407
Loan Size:
Jobs Retained:
12Loan Approved:
2020-05-06Loan Status:
Paid in Full or ForgivenLender:
Northrim BankPj's Pizza Plaza Inc in Anchorage, AK received a Paycheck Protection Loan of $53,853 through Northrim Bank, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in September, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Pj's Pizza Plaza Inc's 2019 payroll expenses are estimated to be at least $258,494.
Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $21,541 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pj's Pizza Plaza Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $53,853
Business Information - Pj's Pizza Plaza Inc in Anchorage, AK
601 E Northern Lights Blvd
Anchorage, AK 99503
Business Industry:
Full-Service Restaurants
NAICS code 722511
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Pj's Pizza Plaza Inc.
Nutz Gadget LLC
Electronics Stores
Similar Companies near Anchorage
In the Anchorage area, 131 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 28 employees (compared to this company's 12) and received an average PPP loan of $189,907 (compared to this company's $53,853).
Similar Nearby Businesses Who Received PPP Funding:
Venus Restaurant Inc
Anchorage, AK
Hyun S Kim
Anchorage, AK
Goldrush Pancakes No. 4 Inc
Anchorage, AK
Tozai
Anchorage, AK
Kenny's Kitchen Inc
Anchorage, AK
Wasilla Robin Alaska, LLC
Anchorage, AK
AK Alchemist LLC
Anchorage, AK
Rays Place LLC
Anchorage, AK
Chun LLC
Anchorage, AK
Industry PPP Comparison Statistics
Nationwide, 326,447 businesses in the "Full-Service Restaurants" industry received a total of $42.51B in PPP loans. These businesses account for 3% of total PPP applications submitted, and received 5% of the total PPP funding allocated.
PPP recipients in this industry report an average of 22 employees, 83% higher than Pj's Pizza Plaza Inc's reported 12 employees, and received an average PPP loan of $130,221, 142% higher than this company's loan of $53,853.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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