PPP Loan Data — YEO & YEO, Saginaw, MI
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
Lender:THE HUNTINGTON NATIONAL BANK
YEO & 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
Other Accounting Services (NAICS code 541219)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-04
Similar 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
Custom Accounting Co. Inc.
Thom Cereske Agency LLC
S Nordstrom Tax Service, LLC
Advanced Practice Management LLC
Louis Stephens Jr.
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.
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Footnotes & Information
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