PPP Loan Data — Thirsty Lion Expansion LLC, Portland, OR
Thirsty Lion Expansion LLC is a limited liability company (LLC) located at 829 Se 9th Ave Ste 202 in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $5,294,972.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Thirsty Lion Expansion LLC received a Paycheck Protection Loan of $5.29M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Thirsty Lion Expansion LLC's total 2019 payroll expenses were approximately $25.42M 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 $50,832 per employee1.
Business Information - Thirsty Lion Expansion LLC in Portland, OR
829 Se 9th Ave Ste 202
Portland, OR 97214
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-03
Similar Companies near Portland
In the Portland area, 146 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 500) and received an average PPP loan of $161,135 (compared to this company's $5.29M).
Similar Nearby Businesses Who Received PPP Funding:
Afuri USA Inc
Farm Spirit LLC
Pho An Sandy, LLC
Sivalai Thai LLC
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 Thirsty Lion Expansion LLC's reported 500 employees, and received an average PPP loan of $116,685, 98% lower than this company's loan of $5.29M.
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Footnotes & Information
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