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PPP Loan Data — YC Partners, LTD, San Antonio, TX

SBA PPP loan data, payroll data, and salaries for YC Partners, LTD
TX

YC Partners, LTD

Entity: Limited Liability Partnership

Industry: Unclassified Establishments

Location: San Antonio, TX

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YC Partners, LTD is a limited liability partnership located at 5423 N Loop 1604 E in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $4,485,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.49M

Jobs Retained:

250

Loan Approved:

2020-04-05

Lender:

BROADWAY NATIONAL BANK

YC Partners, LTD received a Paycheck Protection Loan of $4.49M through BROADWAY NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, YC Partners, LTD's total 2019 payroll expenses were approximately $21.53M in order to qualify for the PPP loan amount received.

Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $86,120 per employee1.

Because the loan received by YC Partners, LTD is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - YC Partners, LTD in San Antonio, TX

YC Partners, LTD
5423 N Loop 1604 E
San Antonio, TX 78247

Business Industry

Unclassified Establishments (NAICS code 999990)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-21

Similar Companies near San Antonio

In the San Antonio area, 20 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 19 employees (compared to this company's 250) and received an average PPP loan of $335,828 (compared to this company's $4.49M).

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, 98% lower than YC Partners, LTD's reported 250 employees, and received an average PPP loan of $43,170, 99% lower than this company's loan of $4.49M.

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.

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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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/yc-partners-ltd-san-antonio-tx