PPP Loan Data — PR Pernecky Management Corporation, Pasadena, CA
PR Pernecky Management Corporation is a subchapter s corporation located at 980 South Arroyo Pkwy #220 in Pasadena, California that received a Coronavirus-related PPP loan from the SBA of $2,566,087.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:COMMUNITY NATIONAL BANK & TRUST OF TEXAS
PR Pernecky Management Corporation received a Paycheck Protection Loan of $2.57M through COMMUNITY NATIONAL BANK & TRUST OF TEXAS, which was approved in April, 2020.
Based on standard PPP eligibility rules, PR Pernecky Management Corporation's total 2019 payroll expenses were approximately $12.32M 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 $24,634 per employee1.
Business Information - PR Pernecky Management Corporation in Pasadena, CA
980 South Arroyo Pkwy #220
Pasadena, CA 91105
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CA-27
Similar Companies near Pasadena
In the Pasadena area, 63 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 500) and received an average PPP loan of $155,796 (compared to this company's $2.57M).
Similar Nearby Businesses Who Received PPP Funding:
Bedjakian Enterprises Inc
Daisy Mint LLC
Seven Forty One Company, Inc.
Heidar Baba Grill
Bonnie Bs Smokin BBQ Heaven LLC
Pinocchio's Pizza GP
Industry PPP Comparison Statistics
Nationwide, 175,054 businesses in the "Full-Service Restaurants" industry received a total of $20,426,260,320.00 in PPP loans. These businesses account for 3% of total PPP applications submitted, and received 4% of the total PPP funding allocated.
PPP recipients in this industry report an average of 20 employees, 96% lower than PR Pernecky Management Corporation's reported 500 employees, and received an average PPP loan of $116,685, 95% lower than this company's loan of $2.57M.
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.
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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