PPP Loan Data — Clinic For Auto & Whilo's Pain Relief Ork Injuries LLC, Hilo, HI
Clinic For Auto & Whilo's Pain Relief Ork Injuries LLC is a limited liability company (LLC) located at 21 Kalanianaole St in Hilo, Hawaii that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Central Pacific Bank
Clinic For Auto & Whilo's Pain Relief Ork Injuries LLC in Hilo, HI received a Paycheck Protection Loan of $25,000 through Central Pacific Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Clinic For Auto & Whilo's Pain Relief Ork Injuries LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Clinic For Auto & Whilo's Pain Relief Ork Injuries LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Clinic For Auto & Whilo's Pain Relief Ork Injuries LLC in Hilo, HI
21 Kalanianaole St
Hilo, HI 96720
Offices of Chiropractors
NAICS code 621310
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Hilo
In the Hilo area, 8 businesses in the "Offices of Chiropractors" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 3) and received an average PPP loan of $28,146 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Jill L. Dawrs, DC., Inc
Hilo Pain Clinic Corp
Richard M. Nii, DDS
Klein Natural Health & Wellness Center & Klein Chiropractic
Hilo Chirpractic Clinic
Industry PPP Comparison Statistics
Nationwide, 49,175 businesses in the "Offices of Chiropractors" industry received a total of $1.52B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 4 employees, 33% higher than Clinic For Auto & Whilo's Pain Relief Ork Injuries LLC's reported 3 employees, and received an average PPP loan of $30,923, 24% higher than this company's loan of $25,000.
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