PPP Loan Data — Kindee LLC, Portland, OR
Kindee LLC is a corporation located at 1310 Nw 23rd Ave in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $25,223.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Wells Fargo Bank, National Association
Kindee LLC in Portland, OR received a Paycheck Protection Loan of $25,223 through Wells Fargo Bank, National Association, 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 February, 2021.
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, Kindee LLC's 2019 payroll expenses are estimated to be at least $121,070.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,214 per employee1
Reported PPP Proceed Usage:
On the PPP application, Kindee LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,223
Business Information - Kindee LLC in Portland, OR
1310 Nw 23rd Ave
Portland, OR 97210
NAICS code 999990
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Portland
In the Portland area, 19 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 5) and received an average PPP loan of $42,165 (compared to this company's $25,223).
Similar Nearby Businesses Who Received PPP Funding:
Unit Souzou, LLC
Steve Mayes Investigations LLC
Sage Creative Inc
Veritas Wines LLC
Evans Education LLC
Industry PPP Comparison Statistics
Nationwide, 85,647 businesses in the "Unclassified Establishments" industry received a total of $3.67B 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 10 employees, 100% higher than Kindee LLC's reported 5 employees, and received an average PPP loan of $42,878, 70% higher than this company's loan of $25,223.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!