PPP Loan Data — POP Restaurants LLC, Dallas, TX
POP Restaurants LLC is a limited liability company (LLC) located at 4515 Lyndon B. Johnson in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $5,765,505.00 in April, 2020.
$ PPP Loan Information
POP Restaurants LLC received a Paycheck Protection Loan of $5.77M through SIMMONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, POP Restaurants LLC's total 2019 payroll expenses were approximately $27.67M 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 $55,349 per employee1.
Business Information - POP Restaurants LLC in Dallas, TX
4515 Lyndon B. Johnson
Dallas, TX 75244
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-24
Similar Companies near Dallas
In the Dallas area, 48 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 100 employees (compared to this company's 500) and received an average PPP loan of $961,307 (compared to this company's $5.77M).
Similar Nearby Businesses Who Received PPP Funding:
Magic Burgers LLC
WOO Kyong, LLC
Cmrg Nola Met LP
Camo Investments LLC
DFW Pop Restaurants, LLC
Selim's Doener Kebap House LP
Cmrg 2 Investments LP
B Banh Mi LLC
Cmrg I-30, 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 POP Restaurants LLC's reported 500 employees, and received an average PPP loan of $120,904, 98% lower than this company's loan of $5.77M.
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Footnotes & Information
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