PPP Loan Data — Yoshinoya America, Inc, Torrance, CA
Yoshinoya America, Inc is a corporation located at 991 Knox Street in Torrance, California that received a Coronavirus-related PPP loan from the SBA of $6,879,552.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Yoshinoya America, Inc received a Paycheck Protection Loan of $6.88M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Yoshinoya America, Inc's total 2019 payroll expenses were approximately $33.02M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $66,044 per employee1.
Business Information - Yoshinoya America, Inc in Torrance, CA
991 Knox Street
Torrance, CA 90502
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-43
Similar Companies near Torrance
In the Torrance area, 33 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 500) and received an average PPP loan of $272,375 (compared to this company's $6.88M).
Similar Nearby Businesses Who Received PPP Funding:
Vegas Buffet (Torrance) Inc
Nuceel, LLC DBA Edible Arrangements
Uncle Bart's Circus Donuts
Marcelina Ave Restaurant Group
D & M Sarang Inc
Q Chon Chicken
Zeefood Enterprise, Inc.
Industry PPP Comparison Statistics
Nationwide, 79,996 businesses in the "Limited-Service Restaurants" industry received a total of $9,671,819,152.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, 95% lower than Yoshinoya America, Inc's reported 500 employees, and received an average PPP loan of $120,904, 98% lower than this company's loan of $6.88M.
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Footnotes & Information
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