PPP Loan Data — Fujioka & Wakazuru, Honolulu, HI
Fujioka & Wakazuru is a partnership located at 1221 Kapiolani Blvd Ste 612 in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $47,000.00 in June, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of Hawaii
Fujioka & Wakazuru in Honolulu, HI received a Paycheck Protection Loan of $47,000 through Bank of Hawaii, which was approved in June, 2020.
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, Fujioka & Wakazuru's 2019 payroll expenses are estimated to be at least $225,600.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $56,400 per employee1
Reported PPP Proceed Usage:
On the PPP application, Fujioka & Wakazuru reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $47,000
Business Information - Fujioka & Wakazuru in Honolulu, HI
1221 Kapiolani Blvd Ste 612
Honolulu, HI 96814
Insurance Agencies and Brokerages
NAICS code 524210
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Honolulu
In the Honolulu area, 153 businesses in the "Insurance Agencies and Brokerages" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 4) and received an average PPP loan of $53,120 (compared to this company's $47,000).
Similar Nearby Businesses Who Received PPP Funding:
Muraoka Insurance Group LLC
Sue Ann Lu
Miyashita Insurance And Financial Services Inc
Pioneer Pacific Consultants, Inc
Kirk Paterson Agency
Anna Uj Kim
Industry PPP Comparison Statistics
Nationwide, 149,532 businesses in the "Insurance Agencies and Brokerages" industry received a total of $5.87B 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 4 employees, the same amount reported by Fujioka & Wakazuru and received an average PPP loan of $39,254, 16% lower than this company's loan of $47,000.
FederalPay's PPP Information Policy
Footnotes & Information
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