PPP Loan Data — YON LLC, Vancouver, WA
YON LLC is a subchapter s corporation located at Ste F 4804 Ne Thurston Way in Vancouver, Washington that received a Coronavirus-related PPP loan from the SBA of $25,292.00 in June, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cross River Bank
YON LLC in Vancouver, WA received a Paycheck Protection Loan of $25,292 through Cross River Bank, which was approved in June, 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, YON LLC's 2019 payroll expenses are estimated to be at least $121,402.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,280 per employee1
Reported PPP Proceed Usage:
On the PPP application, YON LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,292
Business Information - YON LLC in Vancouver, WA
Ste F 4804 Ne Thurston Way
Vancouver, WA 98662
NAICS code 722513
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Vancouver
In the Vancouver area, 29 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 49 employees (compared to this company's 5) and received an average PPP loan of $221,258 (compared to this company's $25,292).
Similar Nearby Businesses Who Received PPP Funding:
Pholicious Le Corporation
Tom Lovelace Company, LLC
Todd A Gunderson, Inc
Giles Partners LLC
D&L Pitas IV Inc
North Star Restaurants, Inc
Dhillon Foods Incorporated
PM Austin, LLC DBA Papa Murphy's Pizza
Industry PPP Comparison Statistics
Nationwide, 137,629 businesses in the "Limited-Service Restaurants" industry received a total of $13.9B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 320% higher than YON LLC's reported 5 employees, and received an average PPP loan of $100,980, 299% higher than this company's loan of $25,292.
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Footnotes & Information
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