PPP Loan Data — Spring Creek Barbeque Special Gifts, LTD, Arlington, TX
Spring Creek Barbeque Special Gifts, LTD is a partnership located at 2340 West Interstate 20 in Arlington, Texas that received a Coronavirus-related PPP loan from the SBA of $3,522,565.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Spring Creek Barbeque Special Gifts, LTD received a Paycheck Protection Loan of $3.52M through PLAINSCAPITAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Spring Creek Barbeque Special Gifts, LTD's total 2019 payroll expenses were approximately $16.91M 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 $33,817 per employee1.
Business Information - Spring Creek Barbeque Special Gifts, LTD in Arlington, TX
2340 West Interstate 20
Arlington, TX 76017
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: TX-06
Similar Companies near Arlington
In the Arlington area, 55 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 500) and received an average PPP loan of $265,922 (compared to this company's $3.52M).
Similar Nearby Businesses Who Received PPP Funding:
Mr Hibachi, LLC
Ecovina Of Texas At Cooper, Inc.
EZ Chicken LLC
The Catch Arlington, LLC
Sasa's Place Cafe Incorporated
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 Spring Creek Barbeque Special Gifts, LTD's reported 500 employees, and received an average PPP loan of $116,685, 97% lower than this company's loan of $3.52M.
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Footnotes & Information
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