PPP Loan Data — Ultra Steak Affiliates, LLC, Fishers, IN
Ultra Steak Affiliates, LLC is a limited liability company (LLC) located at 13099 Parkside Drive in Fishers, Indiana that received a Coronavirus-related PPP loan from the SBA of $7,221,925.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 499 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE HUNTINGTON NATIONAL BANK
Ultra Steak Affiliates, LLC received a Paycheck Protection Loan of $7.22M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ultra Steak Affiliates, LLC's total 2019 payroll expenses were approximately $34.67M in order to qualify for the PPP loan amount received.
Based on their reported 499 jobs retained, this equals an estimated average yearly compensation of $69,469 per employee1.
Business Information - Ultra Steak Affiliates, LLC in Fishers, IN
13099 Parkside Drive
Fishers, IN 46038
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: IN-05
Similar Companies near Fishers
In the Fishers area, 55 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 499) and received an average PPP loan of $276,312 (compared to this company's $7.22M).
Similar Nearby Businesses Who Received PPP Funding:
Chatham Tap Fishers, LLC
YON Lon Corporation
Pho Vn Vietnamese Restaurant LLC
101Bk - Fishers, LLC
WW Redemption LLC
Holdco Hospitiality Group LLC
JJ Green, Inc
El Camino Inc.
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 Ultra Steak Affiliates, LLC's reported 499 employees, and received an average PPP loan of $116,685, 98% lower than this company's loan of $7.22M.
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Footnotes & Information
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