NY

Wiii Uptown LLC

Entity: Limited Liability Company (LLC)

Industry: Unclassified Establishments

Location: New York, NY

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Wiii Uptown LLC is a limited liability company (LLC) located at 11 Broadway in New York, New York that received a Coronavirus-related PPP loan from the SBA of $155,000.00 in May, 2020.

$ PPP Loan Information

Wiii Uptown LLC received a Paycheck Protection Loan of $155,000 through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, Wiii Uptown LLC's total 2019 payroll expenses were approximately $744,000 in order to qualify for the PPP loan amount received.

Unlike most businesses, Wiii Uptown 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 - Wiii Uptown LLC in New York, NY

Similar Companies near New York

In the New York area, 156 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 0) and received an average PPP loan of $86,786 (compared to this company's $155,000).

Industry PPP Comparison Statistics

Nationwide, 86,245 businesses in the "Unclassified Establishments" industry received a total of $3,723,225,376.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 6 employees, and received an average PPP loan of $43,170, 72% lower than this company's loan of $155,000.