PPP Loan Data — Jasdil Inc, Alameda, CA
Jasdil Inc is a corporation located at 1929 Broadway in Alameda, California that received a Coronavirus-related PPP loan from the SBA of $46,000.00 in May, 2020. This business is a Togo's franchise.
The company has reported itself as an Asian male owned business, and employed at least eight people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Loan Source Incorporated
Jasdil Inc in Alameda, CA received a Paycheck Protection Loan of $46,000 through Loan Source Incorporated, which was approved in May, 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, Jasdil Inc's 2019 payroll expenses are estimated to be at least $220,800.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $27,600 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jasdil Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,000
Business Information - Jasdil Inc in Alameda, CA
Alameda, CA 94501
NAICS code 722513
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Alameda
In the Alameda area, 58 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 8) and received an average PPP loan of $56,473 (compared to this company's $46,000).
Similar Nearby Businesses Who Received PPP Funding:
Jade Palace Restaurant
West Dog And Catering
Pearl's Deluxe Burgers LLC
JE Wong Investments LLC
TT & B Inc
Industry PPP Comparison Statistics
Nationwide, 137,629 businesses in the "Limited-Service Restaurants" industry received a total of $13.9B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 163% higher than Jasdil Inc's reported 8 employees, and received an average PPP loan of $100,980, 120% higher than this company's loan of $46,000.
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Footnotes & Information
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