PPP Loan Data — Pleasanton S Seafood, Dover, DE
Pleasanton S Seafood is a sole proprietorship located at 6738 N Dupont Highway in Dover, Delaware that received a Coronavirus-related PPP loan from the SBA of $46,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Citizens Bank, National Association
Pleasanton S Seafood in Dover, DE received a Paycheck Protection Loan of $46,000 through Citizens Bank, National Association, 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, Pleasanton S Seafood's 2019 payroll expenses are estimated to be at least $220,800.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $24,533 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pleasanton S Seafood reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,000
Business Information - Pleasanton S Seafood in Dover, DE
6738 N Dupont Highway
Dover, DE 19901
NAICS code 722511
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dover
In the Dover area, 57 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 9) and received an average PPP loan of $75,013 (compared to this company's $46,000).
Similar Nearby Businesses Who Received PPP Funding:
Mama Mia Pizza And Grill Inc
Hibachi Of Dover
Forbes Restaurants Inc DBA Cool Springs Fish Bar
Hibachi Of Dover Inc
Yukon Korean LLC
Francos Pizza LLC Francos Pizza & Pasta
JD Restaurant Inc
Industry PPP Comparison Statistics
Nationwide, 328,914 businesses in the "Full-Service Restaurants" industry received a total of $42.6B 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, 144% higher than Pleasanton S Seafood's reported 9 employees, and received an average PPP loan of $129,504, 182% higher than this company's loan of $46,000.
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Footnotes & Information
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