PPP Loan Data — Thompson Hospitality Services LLC, Reston, VA
Thompson Hospitality Services LLC is a limited liability company (LLC) located at 1741 Business Center Dr Suite 200 in Reston, Virginia that received a Coronavirus-related PPP loan from the SBA of $5,868,551.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Thompson Hospitality Services LLC received a Paycheck Protection Loan of $5.87M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Thompson Hospitality Services LLC's total 2019 payroll expenses were approximately $28.17M 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 $56,338 per employee1.
Business Information - Thompson Hospitality Services LLC in Reston, VA
1741 Business Center Dr Suite 200
Reston, VA 20190
Food Service Contractors (NAICS code 722310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: VA-11
Similar Companies near Reston
In the Reston area, 10 businesses in the "Food Service Contractors" industry received a PPP loan. These local businesses reported an average of 164 employees (compared to this company's 500) and received an average PPP loan of $1,173,886 (compared to this company's $5.87M).
Similar Nearby Businesses Who Received PPP Funding:
South Lakes Star, Inc.
Thompson Facility Services LLC
Sweet Leaf 7 Inc
Thompson Hospitality Corp
TH Cfa LLC
Thompson Retail Food Group LLC
HEN Quarter LLC
SC Uptown Cafe Inc
Industry PPP Comparison Statistics
Nationwide, 8,947 businesses in the "Food Service Contractors" industry received a total of $969,115,041.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 15 employees, 97% lower than Thompson Hospitality Services LLC's reported 500 employees, and received an average PPP loan of $108,317, 98% lower than this company's loan of $5.87M.
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Footnotes & Information
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