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PPP Loan Data — 1034 N Main St LLC,
San Francisco, CA
1034 N Main St LLC
Entity: Corporation
Industry: Hotels (except Casino Hotels) and Motels
Location: San Francisco, CA
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1034 N Main St LLC is a corporation located at 20 6th Street in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $22,800.00 in May, 2020.
The company has reported itself as an Asian male owned business, and employed at least seven people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
7Loan Approved:
2020-05-06Lender:
HARVEST SMALL BUSINESS FINANCE, LLC1034 N Main St LLC received a Paycheck Protection Loan of $22,800 through HARVEST SMALL BUSINESS FINANCE, LLC, which was approved in May, 2020.
Based on standard PPP eligibility rules, 1034 N Main St LLC's total 2019 payroll expenses were approximately $109,440 in order to qualify for the PPP loan amount received.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $15,634 per employee1.
Business Information - 1034 N Main St LLC in San Francisco, CA
20 6th Street
San Francisco, CA 94103
Business Industry
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-12Similar Companies near San Francisco
In the San Francisco area, 64 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 7) and received an average PPP loan of $305,333 (compared to this company's $22,800).
Similar Nearby Businesses Who Received PPP Funding:
Satkar Hospitality Investments
San Francisco, CA
SL&S Hospitality Management,LLC
San Francisco, CA
Morning Sun Capital LLC
San Francisco, CA
Aida Plaza Hotel
San Francisco, CA
Pacific Property Ventures LLC
San Francisco, CA
Stanford Hotels Corporation
San Francisco, CA
Boston Hotel 140 Turk LLC
San Francisco, CA
New Central Hotel And Hostel LLC
San Francisco, CA
140 Mason LLC
San Francisco, CA
Industry PPP Comparison Statistics
Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 200% higher than 1034 N Main St LLC's reported 7 employees, and received an average PPP loan of $161,149, 607% higher than this company's loan of $22,800.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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