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PPP Loan Data — The Jacmar Companies, LLC,
Alhambra, CA
The Jacmar Companies, LLC
Entity: Limited Liability Company (LLC)
Industry: Limited-Service Restaurants
Location: Alhambra, CA
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The Jacmar Companies, LLC is a limited liability company (LLC) located at 2200 W Valley Blvd in Alhambra, California that received a Coronavirus-related PPP loan from the SBA of $2,974,568.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
191Loan Approved:
2020-04-27Lender:
MUFG UNION BANK, NATIONAL ASSOCIATIONThe Jacmar Companies, LLC received a Paycheck Protection Loan of $2.97M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Jacmar Companies, LLC's total 2019 payroll expenses were approximately $14.28M in order to qualify for the PPP loan amount received.
Based on their reported 191 jobs retained, this equals an estimated average yearly compensation of $74,754 per employee1.
Business Information - The Jacmar Companies, LLC in Alhambra, CA
2200 W Valley Blvd
Alhambra, CA 91803
Business Industry
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-27Similar Companies near Alhambra
In the Alhambra area, 8 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 38 employees (compared to this company's 191) and received an average PPP loan of $432,236 (compared to this company's $2.97M).
Similar Nearby Businesses Who Received PPP Funding:
Lee's Garden Inc.
Alhambra, CA
RE Burgers
Alhambra, CA
LM Silverlake, LLC
Alhambra, CA
Ttrant Inc
Alhambra, CA
Just Grillin Inc
Alhambra, CA
Vittoria Pizza LLC
Alhambra, CA
JL Investment Group, Inc
Alhambra, CA
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, 88% lower than The Jacmar Companies, LLC's reported 191 employees, and received an average PPP loan of $120,904, 96% lower than this company's loan of $2.97M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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