PPP Loan Data — Kahala Capital LLC, Honolulu, HI
Kahala Capital LLC is a limited liability company (LLC) located at 1231 Wilder Ave in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in June, 2020.
The company has reported itself as an Asian male owned business, and employed at least thirteen people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:American Savings Bank, FSB
Kahala Capital LLC in Honolulu, HI received a Paycheck Protection Loan of $25,400 through American Savings Bank, FSB, which was approved in June, 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, Kahala Capital LLC's 2019 payroll expenses are estimated to be at least $121,920.
Based on their reported 13 jobs retained, this equals an estimated average yearly compensation of $9,378 per employee1
Reported PPP Proceed Usage:
On the PPP application, Kahala Capital LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,400
Business Information - Kahala Capital LLC in Honolulu, HI
1231 Wilder Ave
Honolulu, HI 96822
NAICS code 722513
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Honolulu
In the Honolulu area, 41 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 13) and received an average PPP loan of $108,604 (compared to this company's $25,400).
Similar Nearby Businesses Who Received PPP Funding:
Manoa Bar-B-Que Restaurant, Inc
Aina Haina Subway, Inc
PAK Pacific Inc
Transact Hawaii LLC
Ganesh Dosa LLC
JUB Company LTD
Le Crepe Cafe Uh Food Court LLC
Le Crepe Cafe Manoa LLC
JUB Co. LTD
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, 62% higher than Kahala Capital LLC's reported 13 employees, and received an average PPP loan of $100,980, 298% higher than this company's loan of $25,400.
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Footnotes & Information
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