Limited  Liability Company(LLC)

Quality Restaurant Concepts, LLC

Limited-Service Restaurants

$10,000,000.00
PPP Loan Number 5001327110

Company Overview

Quality Restaurant Concepts, LLC

Vestavia Pkwy
Vestavia, AL 35216-1327

Quality Restaurant Concepts, LLC is a Limited-Service Restaurants Limited Liability Company(LLC) located at Vestavia Pkwy Vestavia, AL 35216-1327 with 500 employees.


# of employees
500
Average salary
$96,000.00 /yr
Business type
Limited Liability Company(LLC)

Company Story



Quality Restaurant Concepts, LLC is a leading limited-service restaurant company based in Vestavia, AL. Founded in 1991, Quality Restaurant Concepts currently operates 800 restaurants and boasts over 500 employees. The company has seen impressive growth since its inception and now offers customers more than 40 concepts nationwide ranging from fast casual to limited service dining. Quality Restaurant Concepts offers a wide variety of menu items for breakfast, lunch, dinner and dessert including burgers, sandwiches, salads and much more.

Quality Restaurant also prides itself on its commitment to healthful eating with its “Nutritional Promise” which ensures that all meals are made with only the freshest ingredients while limiting sodium content to no more than 35% of the daily value per serving size. The company is committed to serving affordable yet healthy food options to their consumers in order meet their dietary needs while still enjoying great tasting flavors each time they visit one of their restaurants.

In addition to providing delicious food options for guests, Quality Restaurants also believes in giving back by supporting local communities through various philanthropic initiatives such as donating part of every purchase made at a participating location directly back into the community or school system where it was purchased from or hosting special events designed raise money for deserving causes within their markets . With this commitment towards giving back and creating an enjoyable experience for each guest that visits one their locations; Quality Restaurants looks forward maintaining its status as leader among other limited-service restaurant companies across the country well into future .



Loan Details

During round 1 of the paycheck protection program, Quality Restaurant Concepts, LLC requested a PPP loan for $10,000,000.00. They were approved on 4/13/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Equity Bank. Of the approved amount, Quality Restaurant Concepts, LLC has received 100% of the approved amount.


Approved
$10,000,000.00
Disbursed
$10,000,000.00

Originating Lender
Equity Bank

Servicing Lender
Equity Bank

SBA Code
459


Demographics
Race
White
Ethnicity
Unknown/NotStated
Gender
Male Owned
Veteran
Non-Veteran

Possibly Related Loans

No related loans found.


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