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PPP Loan Data — Scanlan Management LLC,
Honolulu, HI
Scanlan Management LLC
Entity: Limited Liability Company (LLC)
Industry: Limited-Service Restaurants
Location: Honolulu, HI
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Scanlan Management LLC is a limited liability company (LLC) located at 4510 Salt Lake Blvd in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $3,375,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
250Loan Approved:
2020-04-03Lender:
AMERICAN SAVINGS BANK, FSBScanlan Management LLC in Honolulu, HI received a Paycheck Protection Loan of $3.38M through AMERICAN SAVINGS BANK, FSB, which was approved in April, 2020.
Based on standard PPP eligibility rules, Scanlan Management LLC's total 2019 payroll expenses were approximately $16.2M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $64,800 per employee1.
Business Information - Scanlan Management LLC in Honolulu, HI
4510 Salt Lake Blvd
Honolulu, HI 96818
Business Industry
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: HI-01Similar Companies near Honolulu
In the Honolulu area, 101 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 250) and received an average PPP loan of $156,274 (compared to this company's $3.38M).
Similar Nearby Businesses Who Received PPP Funding:
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Side Action, LLC
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PHC Produce Inc.
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EEE Chiu Inc
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HC Retail, LLC
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Industry PPP Comparison Statistics
Nationwide, 79,996 businesses in the "Limited-Service Restaurants" industry received a total of $9,671,819,152.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, 91% lower than Scanlan Management LLC's reported 250 employees, and received an average PPP loan of $120,904, 96% lower than this company's loan of $3.38M.
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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