PPP Loan Data — Rocky Top Waffles LLC, Alpharetta, GA
Rocky Top Waffles LLC is a limited liability company (LLC) located at 1021 Cambridge Square in Alpharetta, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,590,500.00 in April, 2020.
$ PPP Loan Information
Lender:GREATER COMMUNITY BANK
Rocky Top Waffles LLC received a Paycheck Protection Loan of $2.59M through GREATER COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rocky Top Waffles LLC's total 2019 payroll expenses were approximately $12.43M 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 $24,869 per employee1.
Business Information - Rocky Top Waffles LLC in Alpharetta, GA
1021 Cambridge Square
Alpharetta, GA 30009
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-06
Similar Companies near Alpharetta
In the Alpharetta area, 49 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 55 employees (compared to this company's 500) and received an average PPP loan of $276,353 (compared to this company's $2.59M).
Similar Nearby Businesses Who Received PPP Funding:
Family Food Group LLC
Alpharetta Sizzling LLC
Three Star Enterprises LLC
CRU Avalon LP
Ram Ruay LLC
Botiwalla Alpharetta LLC
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 Rocky Top Waffles LLC's reported 500 employees, and received an average PPP loan of $116,685, 95% lower than this company's loan of $2.59M.
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Footnotes & Information
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