PPP Loan Data — Honolulu Freight Service, Seattle, WA
Honolulu Freight Service is a corporation located at 2326 Airport Way S in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $2,874,978.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 285 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Honolulu Freight Service in Seattle, WA received a Paycheck Protection Loan of $2.87M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Honolulu Freight Service's total 2019 payroll expenses were approximately $13.8M in order to qualify for the PPP loan amount received.
Based on their reported 285 jobs retained, this equals an estimated average yearly compensation of $48,421 per employee1.
Business Information - Honolulu Freight Service in Seattle, WA
2326 Airport Way S
Seattle, WA 98134
Marine Cargo Handling (NAICS code 488320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: WA-07
Industry PPP Comparison Statistics
Nationwide, 259 businesses in the "Marine Cargo Handling" industry received a total of $85,973,778.00 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 27 employees, 91% lower than Honolulu Freight Service's reported 285 employees, and received an average PPP loan of $331,945, 88% lower than this company's loan of $2.87M.
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Footnotes & Information
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