PPP Loan Data — Willie's Grill & Icehouse, LLC, Houston, TX
Willie's Grill & Icehouse, LLC is a limited liability company (LLC) located at 10627 Tower Oaks Blvd in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $4,804,785.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
Willie's Grill & Icehouse, LLC in Houston, TX received a Paycheck Protection Loan of $4.8M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Willie's Grill & Icehouse, LLC's total 2019 payroll expenses were approximately $23.06M 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 $46,126 per employee1.
Business Information - Willie's Grill & Icehouse, LLC in Houston, TX
10627 Tower Oaks Blvd
Houston, TX 77070
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-02
Similar Companies near Houston
In the Houston area, 58 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 38 employees (compared to this company's 500) and received an average PPP loan of $252,147 (compared to this company's $4.8M).
Similar Nearby Businesses Who Received PPP Funding:
Casa Imperial Restaurant Inc
Northern Restaurant Development LLC
CR Jamaican Grill Inc
Willowbrook F&B Inc.
Cristobal Mexican Grill
Los Cucos Mexican Cafe Xxiv, Inc.
The Annex Crafthouse, LP
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 Willie's Grill & Icehouse, LLC's reported 500 employees, and received an average PPP loan of $116,685, 98% lower than this company's loan of $4.8M.
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Footnotes & Information
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