PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Mendocino Hotels, LLC, San Francisco, CA

SBA PPP loan data, payroll data, and salaries for Mendocino Hotels, LLC
CA

Mendocino Hotels, LLC

Entity: Limited Liability Company (LLC)

Industry: Hotels (except Casino Hotels) and Motels

Location: San Francisco, CA

Search All PPP Data

Mendocino Hotels, LLC is a limited liability company (LLC) located at 212 Sutter St in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $410,000.00 in April, 2020.

The company has reported itself as an Asian male owned business.

$ PPP Loan Information

Loan Size:

$410,000

Jobs Retained:

0 Unreported

Loan Approved:

2020-04-14

Lender:

SAVINGS BANK OF MENDOCINO COUNTY

Mendocino Hotels, LLC received a Paycheck Protection Loan of $410,000 through SAVINGS BANK OF MENDOCINO COUNTY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Mendocino Hotels, LLC's total 2019 payroll expenses were approximately $1.97M in order to qualify for the PPP loan amount received.

Unlike most businesses, Mendocino Hotels, LLC'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 - Mendocino Hotels, LLC in San Francisco, CA

Mendocino Hotels, LLC
212 Sutter St
San Francisco, CA 94108

Business Industry

Hotels (except Casino Hotels) and Motels (NAICS code 721110)

Business Owner Demographics

Race / Ethnicity: ASIAN

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: CA-12

Similar Companies near San Francisco

In the San Francisco area, 55 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 0) and received an average PPP loan of $358,946 (compared to this company's $410,000).

Industry PPP Comparison Statistics

Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 21 employees, and received an average PPP loan of $161,149, 61% lower than this company's loan of $410,000.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/mendocino-hotels-llc-san-francisco-ca