PPP Loan Data — Restaurant Management, Inc., Cincinnati, OH
Restaurant Management, Inc. is a subchapter s corporation located at 300 Main Street in Cincinnati, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,633,000.00 in April, 2020.
$ PPP Loan Information
Lender:CFBANK, NATIONAL ASSOCIATION
Restaurant Management, Inc. in Cincinnati, OH received a Paycheck Protection Loan of $4.63M through CFBANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Restaurant Management, Inc.'s total 2019 payroll expenses were approximately $22.24M 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 $44,477 per employee1.
Business Information - Restaurant Management, Inc. in Cincinnati, OH
300 Main Street
Cincinnati, OH 45202
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-01
Similar Companies near Cincinnati
In the Cincinnati area, 24 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 500) and received an average PPP loan of $259,758 (compared to this company's $4.63M).
Similar Nearby Businesses Who Received PPP Funding:
SUB-Par III, LLC
Subvest 14 LLC
Visions And Dreams
Pleasant Hospitality, LLC
Taste Of Belgium Findlay Market, LLC
Downtown Sk LLC
Hungry Traveler LTD
Arnolds Bar And Grill 1861 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 Restaurant Management, Inc.'s reported 500 employees, and received an average PPP loan of $120,904, 97% lower than this company's loan of $4.63M.
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