FederalPay.org
PPP Loan Data — Tokyo Inc.,
Englewood, CO
Tokyo Inc.
Entity: Corporation
Industry: Limited-Service Restaurants
Location: Englewood, CO
Tweet This
•
Search All PPP Data
Tokyo Inc. is a corporation located at 10111 Inverness Main St in Englewood, Colorado that received a Coronavirus-related PPP loan from the SBA of $3,935,300.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-09Lender:
ZIONS BANK, A DIVISION OFTokyo Inc. received a Paycheck Protection Loan of $3.94M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tokyo Inc.'s total 2019 payroll expenses were approximately $18.89M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $37,779 per employee1.
Business Information - Tokyo Inc. in Englewood, CO
10111 Inverness Main St
Englewood, CO 80112
Business Industry
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CO-06Similar Companies near Englewood
In the Englewood area, 35 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 64 employees (compared to this company's 500) and received an average PPP loan of $446,520 (compared to this company's $3.94M).
Similar Nearby Businesses Who Received PPP Funding:
The Sportsbook LLC
Greenwood Village, CO
Gane LLC
Centennial, CO
Savory Sandwiches Inc.
Greenwood Village, CO
Niagara Investments Company LLC
Centennial, CO
Ocedon Companies LLC
Englewood, CO
Big D Pizza Inc
Englewood, CO
Reinerth Enterprises, Inc.
Centennial, CO
Argentina Culinaria Group Inc
Englewood, CO
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, 95% lower than Tokyo Inc.'s reported 500 employees, and received an average PPP loan of $120,904, 97% lower than this company's loan of $3.94M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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.
Have FederalPay.org's open data tools been valuable? Consider donating!