PPP Loan Data — Premier Kings Of Georgia Inc, Norcross, GA
Premier Kings Of Georgia Inc is a subchapter s corporation located at 7078 Peachtree Ind Blvd in Norcross, Georgia that received a Coronavirus-related PPP loan from the SBA of $7,041,900.00 in April, 2020.
$ PPP Loan Information
Premier Kings Of Georgia Inc in Norcross, GA received a Paycheck Protection Loan of $7.04M through RENASANT BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Premier Kings Of Georgia Inc's total 2019 payroll expenses were approximately $33.8M 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 $67,602 per employee1.
Business Information - Premier Kings Of Georgia Inc in Norcross, GA
7078 Peachtree Ind Blvd
Norcross, GA 30071
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-07
Similar Companies near Norcross
In the Norcross area, 15 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 72 employees (compared to this company's 500) and received an average PPP loan of $775,107 (compared to this company's $7.04M).
Similar Nearby Businesses Who Received PPP Funding:
Mexsoul Food LLC
Peachtree Corners, GA
Sweet Ones Global Trading Inc.
Olde Norcross Coffee Shoppe
Poke N Rolls Corp
David Fabian Corporation
Skylite Group LLC
Premier Kings Of North Alabama LLC
Express Grub 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 Premier Kings Of Georgia Inc's reported 500 employees, and received an average PPP loan of $120,904, 98% lower than this company's loan of $7.04M.
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Footnotes & Information
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