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PPP Loan Data — Tokyo Inc,
Englewood, CO
Tokyo Inc
Entity: Corporation
Industry: Limited-Service Restaurants
Location: Englewood, CO
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Tokyo Inc is a corporation located at 10111 Inverness Main St Ste O in Englewood, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in March, 2021.
$
PPP Loan Information
Loan #9823148500
Loan Size:
Jobs Retained:
471Loan Approved:
2021-03-12Loan Status:
Paid in Full or ForgivenLender:
Zions Bank, A Division ofTokyo Inc in Englewood, CO received a Paycheck Protection Loan of $2M through Zions Bank, A Division of, which was approved in March, 2021.
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 November, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Tokyo Inc's 2019 payroll expenses are estimated to be at least $9.6M.
Based on their reported 471 jobs retained, this equals an estimated average yearly compensation of $20,382 per employee1
Reported PPP Proceed Usage:
On the PPP application, Tokyo Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,999,998
- Utilities: $1
Business Information - Tokyo Inc in Englewood, CO
10111 Inverness Main St Ste O
Englewood, CO 80112
Business Industry:
Limited-Service Restaurants
NAICS code 722513
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Englewood
In the Englewood area, 69 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 63 employees (compared to this company's 471) and received an average PPP loan of $365,956 (compared to this company's $2M).
Similar Nearby Businesses Who Received PPP Funding:
H & G Inc
Greenwood Village, CO
Culinary Revolution
Greenwood Village, CO
3JR LLC
Centennial, CO
Matchpointe Properties LLC
Centennial, CO
Keum Lim
Centennial, CO
Skyport Group LLC
Greenwood Village, CO
Reinerth Enterprises, Inc
Centennial, CO
Snap Colorado LLC
Englewood, CO
Newcorp Group LLLP
Greenwood Village, CO
Industry PPP Comparison Statistics
Nationwide, 136,535 businesses in the "Limited-Service Restaurants" industry received a total of $13.86B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 96% lower than Tokyo Inc's reported 471 employees, and received an average PPP loan of $101,537, 95% lower than this company's loan of $2M.
Tokyo Inc
Entity: Corporation
Industry: Limited-Service Restaurants
Location: Englewood, CO
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•
Search All PPP Data
Tokyo Inc is a corporation located at 10111 Inverness Main St Suite O 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 #9952927008
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-09Loan Status:
Paid in Full or ForgivenLender:
Zions Bank, A Division ofTokyo Inc in Englewood, CO received a Paycheck Protection Loan of $3.94M through Zions Bank, A Division of, 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 June, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Tokyo Inc's 2019 payroll expenses are estimated to be at least $18.89M.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $37,779 per employee1
Reported PPP Proceed Usage:
On the PPP application, Tokyo Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,935,300
Business Information - Tokyo Inc in Englewood, CO
10111 Inverness Main St Suite O
Englewood, CO 80112
Business Industry:
Limited-Service Restaurants
NAICS code 722513
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Englewood
In the Englewood area, 69 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 63 employees (compared to this company's 500) and received an average PPP loan of $365,956 (compared to this company's $3.94M).
Similar Nearby Businesses Who Received PPP Funding:
H & G Inc
Greenwood Village, CO
Culinary Revolution
Greenwood Village, CO
3JR LLC
Centennial, CO
Matchpointe Properties LLC
Centennial, CO
Keum Lim
Centennial, CO
Skyport Group LLC
Greenwood Village, CO
Reinerth Enterprises, Inc
Centennial, CO
Snap Colorado LLC
Englewood, CO
Newcorp Group LLLP
Greenwood Village, CO
Industry PPP Comparison Statistics
Nationwide, 136,535 businesses in the "Limited-Service Restaurants" industry received a total of $13.86B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 96% lower than Tokyo Inc's reported 500 employees, and received an average PPP loan of $101,537, 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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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