PPP Loan Data — YOO Scoops Inc DBA Robeks Juice & Smooth Ies, San Diego, CA
YOO Scoops Inc DBA Robeks Juice & Smooth Ies
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YOO Scoops Inc DBA Robeks Juice & Smooth Ies is a corporation located at 12745 Savannah Creek Dr Unit 283 in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $25,140.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least sixteen people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
YOO Scoops Inc DBA Robeks Juice & Smooth Ies in San Diego, CA received a Paycheck Protection Loan of $25,140 through JPMorgan Chase Bank, National Association, which was approved in May, 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, YOO Scoops Inc DBA Robeks Juice & Smooth Ies' 2019 payroll expenses are estimated to be at least $120,672.
Based on their reported 16 jobs retained, this equals an estimated average yearly compensation of $7,542 per employee1
Reported PPP Proceed Usage:
On the PPP application, YOO Scoops Inc DBA Robeks Juice & Smooth Ies reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,000
- Utilities: $3,000
- Debt Interest: $12,140
Business Information - YOO Scoops Inc DBA Robeks Juice & Smooth Ies in San Diego, CA
12745 Savannah Creek Dr Unit 283
San Diego, CA 92128
Other Grocery and Related Products Merchant Wholesalers
NAICS code 424490
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near San Diego
In the San Diego area, 2 businesses in the "Other Grocery and Related Products Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 16) and received an average PPP loan of $26,449 (compared to this company's $25,140).
Similar Nearby Businesses Who Received PPP Funding:
Oakmont Investments LLC
San Diego, CA
Industry PPP Comparison Statistics
Nationwide, 8,316 businesses in the "Other Grocery and Related Products Merchant Wholesalers" industry received a total of $872.2M 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 12 employees, 25% lower than YOO Scoops Inc DBA Robeks Juice & Smooth Ies' reported 16 employees, and received an average PPP loan of $104,882, 317% higher than this company's loan of $25,140.
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