PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — JJ USA Corporation, Honolulu, HI

ALERT: There are 2 PPP loans for a total of $47,588 in our database for businesses with the name "JJ USA Corporation" in Honolulu, HI. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for JJ USA Corporation

FRANCHISE

HI

JJ USA Corporation

Entity: Corporation

Industry: Limited-Service Restaurants

Franchise: Subway

Location: Honolulu, HI

Search All PPP Data

JJ USA Corporation is a corporation located at 197 Sand Island Access Rd in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $29,288.00 in February, 2021. This business is a Subway franchise.

The company has reported itself as an Asian female owned business, and employed at least five people during the applicable loan loan period.

$ PPP Loan Information
Loan #8151548406

Loan Size:

$29,288

Jobs Retained:

5

Loan Approved:

2021-02-13

Loan Status:

Paid in Full or Forgiven

Lender:

First Hawaiian Bank

JJ USA Corporation in Honolulu, HI received a Paycheck Protection Loan of $29,288 through First Hawaiian Bank, which was approved in February, 2021.

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 October, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, JJ USA Corporation's 2019 payroll expenses are estimated to be at least $140,582.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $28,116 per employee1

Reported PPP Proceed Usage:

On the PPP application, JJ USA Corporation reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $29,285
  • Utilities: $1

Business Information - JJ USA Corporation in Honolulu, HI

JJ USA Corporation
197 Sand Island Access Rd
Honolulu, HI 96819

Business Industry:
Limited-Service Restaurants
NAICS code 722513

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Honolulu County, HI — SBA Office 0951 — Congressional District: HI-01

Businesses Using Same Address:

There are 2 other businesses that received a PPP loan registered to the same address as JJ USA Corporation.

Cardinal Services, LTD
Direct Mail Advertising

$118,400 PPP Loan

Advanced Protection Network, Incorporated
Security Systems Services (except Locksmiths)

$176,900 PPP Loan

Similar Companies near Honolulu

In the Honolulu area, 91 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 5) and received an average PPP loan of $181,170 (compared to this company's $29,288).

Industry PPP Comparison Statistics

Nationwide, 136,560 businesses in the "Limited-Service Restaurants" industry received a total of $13.87B 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, 320% higher than JJ USA Corporation's reported 5 employees, and received an average PPP loan of $101,544, 247% higher than this company's loan of $29,288.

SBA PPP loan data, payroll data, and salaries for JJ USA Corporation
HI

JJ USA Corporation

Entity: Corporation

Industry: Limited-Service Restaurants

Location: Honolulu, HI

Search All PPP Data

JJ USA Corporation is a corporation located at 600 Ala Moana Blvd Apt 303 in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $18,300.00 in April, 2020.

The company has reported itself as an Asian female owned business, and employed at least five people during the applicable loan loan period.

$ PPP Loan Information
Loan #7005177207

Loan Size:

$18,300

Jobs Retained:

5

Loan Approved:

2020-04-28

Loan Status:

Paid in Full or Forgiven

Lender:

First Hawaiian Bank

JJ USA Corporation in Honolulu, HI received a Paycheck Protection Loan of $18,300 through First Hawaiian 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 June, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, JJ USA Corporation's 2019 payroll expenses are estimated to be at least $87,840.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $17,568 per employee1

Reported PPP Proceed Usage:

On the PPP application, JJ USA Corporation reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $18,300

Business Information - JJ USA Corporation in Honolulu, HI

JJ USA Corporation
600 Ala Moana Blvd Apt 303
Honolulu, HI 96813

Business Industry:
Limited-Service Restaurants
NAICS code 722513

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Honolulu County, HI — SBA Office 0951 — Congressional District: HI-01

Businesses Using Same Address:

There is one other business that received a PPP loan registered to the same address as JJ USA Corporation.

JJ Nanakuli, Inc
Limited-Service Restaurants

$30,561 PPP Loan

Similar Companies near Honolulu

In the Honolulu area, 187 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 5) and received an average PPP loan of $91,880 (compared to this company's $18,300).

Industry PPP Comparison Statistics

Nationwide, 136,560 businesses in the "Limited-Service Restaurants" industry received a total of $13.87B 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, 320% higher than JJ USA Corporation's reported 5 employees, and received an average PPP loan of $101,544, 455% higher than this company's loan of $18,300.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/jj-usa-corporation-honolulu-hi