PPP Loan Data — Tanota Development, LLC, Tamuning, GU
Tanota Development, LLC is a limited liability company (LLC) located at 1227 Pale San Vitores Rd in Tamuning, that received a Coronavirus-related PPP loan from the SBA of $3,340,100.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:FIRST HAWAIIAN BANK
Tanota Development, LLC received a Paycheck Protection Loan of $3.34M through FIRST HAWAIIAN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tanota Development, LLC's total 2019 payroll expenses were approximately $16.03M in order to qualify for the PPP loan amount received.
Unlike most businesses, Tanota Development, 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 - Tanota Development, LLC in Tamuning, GU
1227 Pale San Vitores Rd
Tamuning, GU 96913
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GU-
Similar Companies near Tamuning
In the Tamuning area, 22 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 69 employees (compared to this company's 0) and received an average PPP loan of $777,781 (compared to this company's $3.34M).
Similar Nearby Businesses Who Received PPP Funding:
Guam Reef Hotel, Inc.
Holiday Resort Guam LLC
City Hill Company (Guam) LTD
Paek Hap Cha Morgan
Sentry Hospitality Corporation
Seoul Korea Restaurant
Grand Pacific Hospitality Inc
Cliff Hotel Management LLC
Shobunsha Guam Corporation
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, 95% lower than this company's loan of $3.34M.
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Footnotes & Information
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