PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — City Mill Company, Limited, Honolulu, HI

SBA PPP loan data, payroll data, and salaries for City Mill Company, Limited
HI

City Mill Company, Limited

Entity: Corporation

Industry: Home Centers

Location: Honolulu, HI

Search All PPP Data

City Mill Company, Limited is a corporation located at 660 N Nimitz Hwy in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $3,295,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.3M

Jobs Retained:

360

Loan Approved:

2020-04-06

Lender:

FIRST HAWAIIAN BANK

City Mill Company, Limited received a Paycheck Protection Loan of $3.3M through FIRST HAWAIIAN BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, City Mill Company, Limited's total 2019 payroll expenses were approximately $15.82M in order to qualify for the PPP loan amount received.

Based on their reported 360 jobs retained, this equals an estimated average yearly compensation of $43,935 per employee1.

Because the loan received by City Mill Company, Limited is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - City Mill Company, Limited in Honolulu, HI

City Mill Company, Limited
660 N Nimitz Hwy
Honolulu, HI 96817

Business Industry

Home Centers (NAICS code 444110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: HI-01

Similar Companies near Honolulu

In the Honolulu area, 3 businesses in the "Home Centers" industry received a PPP loan. These local businesses reported an average of 126 employees (compared to this company's 360) and received an average PPP loan of $1,158,496 (compared to this company's $3.3M).

Industry PPP Comparison Statistics

Nationwide, 2,392 businesses in the "Home Centers" industry received a total of $390,606,472.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 15 employees, 96% lower than City Mill Company, Limited's reported 360 employees, and received an average PPP loan of $163,297, 95% lower than this company's loan of $3.3M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/city-mill-company-limited-honolulu-hi