PPP Loan Information — CHAZ LTD
CHAZ LTD is a corporation located in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of at least $350,000.00 in May, 2020.
PPP Loan Information
Lender:Wells Fargo Bank, National Association
CHAZ LTD received a Paycheck Protection Loan of between 350,000 and 1M through Wells Fargo Bank, National Association, which was approved in May, 2020.
Based on standard PPP eligibility rules, CHAZ LTD's total 2019 payroll expenses were between $1.68M and $4.8M in order to qualify for the PPP loan amount received. Unline most businesses, CHAZ LTD did not report the number of jobs retained by their receipt of the Paycheck Protection Loan, so per-employee payrolls cannot be estimated.
Business Information - CHAZ LTD in ANCHORAGE, AK
1801 E 5TH AVE
ANCHORAGE, AK 99501
Motor Vehicle Supplies and New Parts Merchant Wholesalers (NAICS code 423120)
Business Owner Demographics
Race / Ethnicity: Unanswered
Veteran Status: UnansweredAK - 00
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for private companies that received a PPP loan of $150,000 or over. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
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.