PPP Loan Data — Still Liquor LLC, Seattle, WA
Still Liquor LLC is a limited liability company (LLC) located at 1524 Minor Ave in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $25,126.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Wells Fargo Bank, National Association
Still Liquor LLC in Seattle, WA received a Paycheck Protection Loan of $25,126 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, Still Liquor LLC's 2019 payroll expenses are estimated to be at least $120,605.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $13,401 per employee1
Reported PPP Proceed Usage:
On the PPP application, Still Liquor LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,126
Business Information - Still Liquor LLC in Seattle, WA
1524 Minor Ave
Seattle, WA 98101
Drinking Places (Alcoholic Beverages)
NAICS code 722410
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Seattle
In the Seattle area, 34 businesses in the "Drinking Places (Alcoholic Beverages)" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 9) and received an average PPP loan of $72,752 (compared to this company's $25,126).
Similar Nearby Businesses Who Received PPP Funding:
HB Brews LLC
Eastlake Bar & Grill LLC
Janicek & Munguia Corporation
Klmf Enterprises LLC
Captain Black's LLC
Stumbling Monk LLC
Industry PPP Comparison Statistics
Nationwide, 46,930 businesses in the "Drinking Places (Alcoholic Beverages)" industry received a total of $2.81B 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 12 employees, 33% higher than Still Liquor LLC's reported 9 employees, and received an average PPP loan of $59,863, 138% higher than this company's loan of $25,126.
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Footnotes & Information
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