PPP Loan Data — K & S Hawaiian Creations, Incorporated, Honolulu, HI
K & S Hawaiian Creations, Incorporated is a corporation located at 255 Sand Island Access Rd in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $3,819,500.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 355 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST HAWAIIAN BANK
K & S Hawaiian Creations, Incorporated in Honolulu, HI received a Paycheck Protection Loan of $3.82M through FIRST HAWAIIAN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, K & S Hawaiian Creations, Incorporated's total 2019 payroll expenses were approximately $18.33M in order to qualify for the PPP loan amount received.
Based on their reported 355 jobs retained, this equals an estimated average yearly compensation of $51,644 per employee1.
Business Information - K & S Hawaiian Creations, Incorporated in Honolulu, HI
255 Sand Island Access Rd
Honolulu, HI 96819
Cookie and Cracker Manufacturing (NAICS code 311821)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: HI-01
Similar Companies near Honolulu
In the Honolulu area, 3 businesses in the "Cookie and Cracker Manufacturing" industry received a PPP loan. These local businesses reported an average of 127 employees (compared to this company's 355) and received an average PPP loan of $1,338,967 (compared to this company's $3.82M).
Similar Nearby Businesses Who Received PPP Funding:
Hawaii Candy, Inc.
Huff N Puff LLC
Industry PPP Comparison Statistics
Nationwide, 368 businesses in the "Cookie and Cracker Manufacturing" industry received a total of $67,418,209.00 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 20 employees, 94% lower than K & S Hawaiian Creations, Incorporated's reported 355 employees, and received an average PPP loan of $183,202, 95% lower than this company's loan of $3.82M.
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, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. 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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