PPP Loan Data — Tall Timbers Pizza Hut Inc, Southlake, TX
Tall Timbers Pizza Hut Inc is a corporation located at 2320 Dean Way Suite 100 in Southlake, Texas that received a Coronavirus-related PPP loan from the SBA of $3,572,653.00 in April, 2020.
$ PPP Loan Information
Tall Timbers Pizza Hut Inc received a Paycheck Protection Loan of $3.57M through BANCORPSOUTH BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tall Timbers Pizza Hut Inc's total 2019 payroll expenses were approximately $17.15M 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 $34,297 per employee1.
Business Information - Tall Timbers Pizza Hut Inc in Southlake, TX
2320 Dean Way Suite 100
Southlake, TX 76092
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-24
Similar Companies near Southlake
In the Southlake area, 30 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 122 employees (compared to this company's 500) and received an average PPP loan of $683,222 (compared to this company's $3.57M).
Similar Nearby Businesses Who Received PPP Funding:
Kahlon Investments LLC
N&A Restaurant Holdings Group, LLC
New Beginnings Restaurant Group, LLC
Barracuda Restaurant Holdings LLC
DDS Holdings, LLC
Falcon Holdings Management LLC
Austerlitz Franchise, LLC
OK Restaurant Holdings 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 Tall Timbers Pizza Hut Inc's reported 500 employees, and received an average PPP loan of $120,904, 97% lower than this company's loan of $3.57M.
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Footnotes & Information
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