PPP Loan Data — Yako Cam, Woodburn, OR
Yako Cam is a sole proprietorship located at 13917 Portland Rd Ne in Woodburn, Oregon that received a Coronavirus-related PPP loan from the SBA of $46,905.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Harvest Small Business Finance, LLC
Yako Cam in Woodburn, OR received a Paycheck Protection Loan of $46,905 through Harvest Small Business Finance, LLC, 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, Yako Cam's 2019 payroll expenses are estimated to be at least $225,144.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $37,524 per employee1
Reported PPP Proceed Usage:
On the PPP application, Yako Cam reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,905
Business Information - Yako Cam in Woodburn, OR
13917 Portland Rd Ne
Woodburn, OR 97071
Institutional Furniture Manufacturing
NAICS code 337127
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 1,030 businesses in the "Institutional Furniture Manufacturing" industry received a total of $309.33M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 30 employees, 400% higher than Yako Cam's reported 6 employees, and received an average PPP loan of $300,316, 540% higher than this company's loan of $46,905.
FederalPay's PPP Information Policy
Footnotes & Information
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