PPP Loan Data — Seven Restaurants, LLC, Dothan, AL
Seven Restaurants, LLC is a limited liability company (LLC) located at 117 Hidden Glen Way in Dothan, Alabama that received a Coronavirus-related PPP loan from the SBA of $4,130,980.00 in April, 2020.
$ PPP Loan Information
Lender:CITY NATIONAL BANK OF FLORIDA
Seven Restaurants, LLC received a Paycheck Protection Loan of $4.13M through CITY NATIONAL BANK OF FLORIDA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Seven Restaurants, LLC's total 2019 payroll expenses were approximately $19.83M 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 $39,657 per employee1.
Business Information - Seven Restaurants, LLC in Dothan, AL
117 Hidden Glen Way
Dothan, AL 36303
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-02
Similar Companies near Dothan
In the Dothan area, 26 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 36 employees (compared to this company's 500) and received an average PPP loan of $226,927 (compared to this company's $4.13M).
Similar Nearby Businesses Who Received PPP Funding:
Krish Group LLC
MPM Company LLC
Ayush Group LLC
MRL Enterprises Inc.
ICE Cream Brands Inc
Thai House Of Dothan LLC
Healthy Eatz Of Dothan, LLC
Golden-Four Enterprises, 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 Seven Restaurants, LLC's reported 500 employees, and received an average PPP loan of $120,904, 97% lower than this company's loan of $4.13M.
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Footnotes & Information
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