PPP Loan Data — Gasllc, LLC, Seattle, WA
Gasllc, LLC is a limited liability company (LLC) located at 2200 Alaskan Way Ste 420 in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $2,829,602.00 in April, 2020.
$ PPP Loan Information
Gasllc, LLC in Seattle, WA received a Paycheck Protection Loan of $2.83M through BANNER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Gasllc, LLC's total 2019 payroll expenses were approximately $13.58M in order to qualify for the PPP loan amount received.
Based on their reported 168 jobs retained, this equals an estimated average yearly compensation of $80,846 per employee1.
Business Information - Gasllc, LLC in Seattle, WA
2200 Alaskan Way Ste 420
Seattle, WA 98121
Seafood Product Preparation and Packaging (NAICS code 311710)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-07
Industry PPP Comparison Statistics
Nationwide, 476 businesses in the "Seafood Product Preparation and Packaging" industry received a total of $141,508,217.00 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 28 employees, 83% lower than Gasllc, LLC's reported 168 employees, and received an average PPP loan of $297,286, 89% lower than this company's loan of $2.83M.
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, 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.
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