PPP Loan Data — Jollys Pharmacy, Inc., Renton, WA
Jollys Pharmacy, Inc. is a corporation located at 1412 43rd St, Ste 120 in Renton, Washington that received a Coronavirus-related PPP loan from the SBA of $3,344,103.00 in April, 2020.
The company has reported itself as a Black or african american male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:COLUMBIA STATE BANK
Jollys Pharmacy, Inc. in Renton, WA received a Paycheck Protection Loan of $3.34M through COLUMBIA STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jollys Pharmacy, Inc.'s total 2019 payroll expenses were approximately $16.05M in order to qualify for the PPP loan amount received.
Unlike most businesses, Jollys Pharmacy, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Jollys Pharmacy, Inc. in Renton, WA
1412 43rd St, Ste 120
Renton, WA 98057
Pharmacies and Drug Stores (NAICS code 446110)
Business Owner Demographics
Race / Ethnicity: BLACK OR AFRICAN AMERICAN
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: WA-09
Similar Companies near Renton
In the Renton area, 2 businesses in the "Pharmacies and Drug Stores" industry received a PPP loan. These local businesses reported an average of 0 employees (compared to this company's 0) and received an average PPP loan of $1,678,752 (compared to this company's $3.34M).
Similar Nearby Businesses Who Received PPP Funding:
Prime Pharmacy Corporation
Industry PPP Comparison Statistics
Nationwide, 14,099 businesses in the "Pharmacies and Drug Stores" industry received a total of $1,400,178,844.00 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 10 employees, and received an average PPP loan of $99,311, 97% lower than this company's loan of $3.34M.
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Footnotes & Information
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