PPP Loan Data — The Landing And Wharf LLC, Seattle, WA
The Landing And Wharf LLC
Entity: Limited Liability Company (LLC)
Location: Seattle, WATweet This • Search All PPP Data
The Landing And Wharf LLC is a limited liability company (LLC) located at 115 E Railroad Ave, Ste 204 in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $46,600.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Washington Trust Bank
The Landing And Wharf LLC in Seattle, WA received a Paycheck Protection Loan of $46,600 through Washington Trust Bank, 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 May, 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, The Landing And Wharf LLC's 2019 payroll expenses are estimated to be at least $223,680.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $31,954 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Landing And Wharf LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,600
Business Information - The Landing And Wharf LLC in Seattle, WA
115 E Railroad Ave, Ste 204
Seattle, WA 98126
Lessors of Nonresidential Buildings (except Miniwarehouses)
NAICS code 531120
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Seattle
In the Seattle area, 5 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 7) and received an average PPP loan of $36,900 (compared to this company's $46,600).
Similar Nearby Businesses Who Received PPP Funding:
Apollo Amusement, Inc
General Acceptance Corporation
Bennett Property Management, LLC
Industry PPP Comparison Statistics
Nationwide, 19,255 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a total of $1.72B 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 10 employees, 43% higher than The Landing And Wharf LLC's reported 7 employees, and received an average PPP loan of $89,367, 92% higher than this company's loan of $46,600.
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