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PPP Loan Data — Northwest Restaurant Ventures LLC, San Francisco, CA

SBA PPP loan data, payroll data, and salaries for Northwest Restaurant Ventures LLC
CA

Northwest Restaurant Ventures LLC

Entity: Limited Liability Company (LLC)

Industry: Portfolio Management

Location: San Francisco, CA

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Northwest Restaurant Ventures LLC is a limited liability company (LLC) located at 221 Pine St Fl 4 in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $679,837.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$679,837

Jobs Retained:

140

Loan Approved:

2020-05-01

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Northwest Restaurant Ventures LLC received a Paycheck Protection Loan of $679,837 through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Northwest Restaurant Ventures LLC's total 2019 payroll expenses were approximately $3.26M in order to qualify for the PPP loan amount received.

Based on their reported 140 jobs retained, this equals an estimated average yearly compensation of $23,309 per employee1.

Business Information - Northwest Restaurant Ventures LLC in San Francisco, CA

Northwest Restaurant Ventures LLC
221 Pine St Fl 4
San Francisco, CA 94104

Business Industry

Portfolio Management (NAICS code 523920)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: NON-VETERAN

Congressional District: CA-12

Similar Companies near San Francisco

In the San Francisco area, 10 businesses in the "Portfolio Management" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 140) and received an average PPP loan of $477,083 (compared to this company's $679,837).

Industry PPP Comparison Statistics

Nationwide, 4,537 businesses in the "Portfolio Management" industry received a total of $426,661,067.00 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 6 employees, 96% lower than Northwest Restaurant Ventures LLC's reported 140 employees, and received an average PPP loan of $94,040, 86% lower than this company's loan of $679,837.

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.

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