PPP Loan Data — Wydaho Caf, LLC, Boise, ID
Wydaho Caf, LLC is a corporation located at 6625 N Glenwood in Boise, Idaho that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least twelve people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Idaho First Bank
Wydaho Caf, LLC in Boise, ID received a Paycheck Protection Loan of $25,200 through Idaho First Bank, which was approved in April, 2020.
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, Wydaho Caf, LLC's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $10,080 per employee1
Reported PPP Proceed Usage:
On the PPP application, Wydaho Caf, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - Wydaho Caf, LLC in Boise, ID
6625 N Glenwood
Boise, ID 83714
NAICS code 722513
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Boise
In the Boise area, 23 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 76 employees (compared to this company's 12) and received an average PPP loan of $292,954 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Paddles Up Poke LLC
Room And Boards LLC
Faze 2 LLC
CJ East, LLC
Tacos El Rey 6 LLC
Arete Food Group LLC
Cobby's One, Inc
Garden City, ID
CJ Star LLC
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 21 employees, 75% higher than Wydaho Caf, LLC's reported 12 employees, and received an average PPP loan of $100,980, 301% higher than this company's loan of $25,200.
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