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PPP Loan Data — YEO & YEO,
Saginaw, MI
YEO & YEO
Entity: Limited Liability Company (LLC)
Industry: Other Accounting Services
Location: Saginaw, MI
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YEO & YEO is a limited liability company (LLC) located at 5300 Bay Road Suite 100 in Saginaw, Michigan that received a Coronavirus-related PPP loan from the SBA of $3,366,600.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
209Loan Approved:
2020-04-08Lender:
THE HUNTINGTON NATIONAL BANKYEO & YEO received a Paycheck Protection Loan of $3.37M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, YEO & YEO's total 2019 payroll expenses were approximately $16.16M in order to qualify for the PPP loan amount received.
Based on their reported 209 jobs retained, this equals an estimated average yearly compensation of $77,319 per employee1.
Business Information - YEO & YEO in Saginaw, MI
5300 Bay Road Suite 100
Saginaw, MI 48604
Business Industry
Other Accounting Services (NAICS code 541219)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MI-04Similar Companies near Saginaw
In the Saginaw area, 7 businesses in the "Other Accounting Services" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 209) and received an average PPP loan of $509,099 (compared to this company's $3.37M).
Similar Nearby Businesses Who Received PPP Funding:
Jcrm Tax & Consulting LLC
Saginaw, MI
Custom Accounting Co. Inc.
Saginaw, MI
Thom Cereske Agency LLC
Saginaw, MI
S Nordstrom Tax Service, LLC
Saginaw, MI
Advanced Practice Management LLC
Saginaw, MI
Louis Stephens Jr.
Saginaw, MI
Industry PPP Comparison Statistics
Nationwide, 31,743 businesses in the "Other Accounting Services" industry received a total of $1,370,914,494.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 98% lower than YEO & YEO's reported 209 employees, and received an average PPP loan of $43,188, 99% lower than this company's loan of $3.37M.
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.
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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