PPP Loan Data — Wendy's Of Missouri, Inc., Springfield, MO
Wendy's Of Missouri, Inc. is a corporation located at 1855 S Ingram Mill Road in Springfield, Missouri that received a Coronavirus-related PPP loan from the SBA of $3,942,500.00 in April, 2020.
$ PPP Loan Information
Lender:LEGACY BANK & TRUST COMPANY
Wendy's Of Missouri, Inc. in Springfield, MO received a Paycheck Protection Loan of $3.94M through LEGACY BANK & TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wendy's Of Missouri, Inc.'s total 2019 payroll expenses were approximately $18.92M 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 $37,848 per employee1.
Business Information - Wendy's Of Missouri, Inc. in Springfield, MO
1855 S Ingram Mill Road
Springfield, MO 65804
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-07
Similar Companies near Springfield
In the Springfield area, 84 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 51 employees (compared to this company's 500) and received an average PPP loan of $386,555 (compared to this company's $3.94M).
Similar Nearby Businesses Who Received PPP Funding:
CK Hospitality Inc
Blue Basil, LLC
J & D's Ventures
Primas East Springfield LLC
Taco Habitat Gmp LLC
East Sunshine Fw, 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 Wendy's Of Missouri, Inc.'s reported 500 employees, and received an average PPP loan of $116,685, 97% lower than this company's loan of $3.94M.
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