PPP Loan Data — Jonathan Pavlik, Yakutat, AK
Jonathan Pavlik is a sole proprietorship located in Yakutat, Alaska that received a Coronavirus-related PPP loan from the SBA of $24,880.00 in January, 2021.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First National Bank Alaska
Jonathan Pavlik in Yakutat, AK received a Paycheck Protection Loan of $24,880 through First National Bank Alaska, which was approved in January, 2021.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, Jonathan Pavlik reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,877
- Utilities: $1
Business Information - Jonathan Pavlik in Yakutat, AK
* Full address is redacted to protect the privacy of individuals.
NAICS code 114111
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Yakutat
In the Yakutat area, 24 businesses in the "Finfish Fishing" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $15,277 (compared to this company's $24,880).
Similar Nearby Businesses Who Received PPP Funding:
Talon Fisheries LLC
Kronos Fisheries LLC
Industry PPP Comparison Statistics
Nationwide, 7,141 businesses in the "Finfish Fishing" industry received a total of $263.31M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 4 employees, 300% higher than Jonathan Pavlik's reported 1 employees, and received an average PPP loan of $36,873, 48% higher than this company's loan of $24,880.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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