PPP Loan Data — The Yarrow Group LLC, Seattle, WA
The Yarrow Group LLC is a limited liability company (LLC) located at 1200 Westlake Ave N in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $2,489,600.00 in April, 2020.
$ PPP Loan Information
The Yarrow Group LLC in Seattle, WA received a Paycheck Protection Loan of $2.49M through NORTHWEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Yarrow Group LLC's total 2019 payroll expenses were approximately $11.95M in order to qualify for the PPP loan amount received.
Based on their reported 245 jobs retained, this equals an estimated average yearly compensation of $48,776 per employee1.
Business Information - The Yarrow Group LLC in Seattle, WA
1200 Westlake Ave N
Seattle, WA 98109
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-07
Similar Companies near Seattle
In the Seattle area, 89 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 245) and received an average PPP loan of $231,229 (compared to this company's $2.49M).
Similar Nearby Businesses Who Received PPP Funding:
Evviva Inc. Wood Fired Pizza
Good Faith Restaurants Incorporated
AKD Group, LLC
Terry Ave Restaurants, Inc.
Teriyaki Plus Company
Cafetal Quilombo Caf?
The Red 5 LLC
The Tandoozy Comany
Causa DBA West 1077 Guest Ranch
Industry PPP Comparison Statistics
Nationwide, 175,054 businesses in the "Full-Service Restaurants" industry received a total of $20,426,260,320.00 in PPP loans. These businesses account for 3% of total PPP applications submitted, and received 4% of the total PPP funding allocated.
PPP recipients in this industry report an average of 20 employees, 92% lower than The Yarrow Group LLC's reported 245 employees, and received an average PPP loan of $116,685, 95% lower than this company's loan of $2.49M.
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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