PPP Loan Data — Stats Kitchen LLC, Manchester, NH
Stats Kitchen LLC is a limited liability company (LLC) located at 1362 River Rd in Manchester, New Hampshire that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of New Hampshire
Stats Kitchen LLC in Manchester, NH received a Paycheck Protection Loan of $25,200 through Bank of New Hampshire, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in December, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Stats Kitchen LLC's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $15,120 per employee1
Reported PPP Proceed Usage:
On the PPP application, Stats Kitchen LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - Stats Kitchen LLC in Manchester, NH
1362 River Rd
Manchester, NH 3104
NAICS code 722511
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Manchester
In the Manchester area, 61 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 8) and received an average PPP loan of $120,831 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Charbel Dagher DBA Rounders Sports Bar & Grill
Empire Bagel Cafe Of Hanover St Inc
D & G Unlimited LLC
Eat Well Beyond LLP
Ruby Thai Kitchen Inc
Luigis Pizza Bar And Grille LLC
New Hampshire Charley's Philly Steaks Inc
Villaggio Ristorante LLC
Industry PPP Comparison Statistics
Nationwide, 328,914 businesses in the "Full-Service Restaurants" industry received a total of $42.6B in PPP loans. These businesses account for 3% of total PPP applications submitted, and received 5% of the total PPP funding allocated.
PPP recipients in this industry report an average of 22 employees, 175% higher than Stats Kitchen LLC's reported 8 employees, and received an average PPP loan of $129,504, 414% higher than this company's loan of $25,200.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!