PPP Loan Data — YUE Investments LLC, Wilsonville, OR
YUE Investments LLC is a limited liability company (LLC) located at Ste G 29970 Sw Town Center Loop W in Wilsonville, Oregon that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cross River Bank
YUE Investments LLC in Wilsonville, OR received a Paycheck Protection Loan of $25,000 through Cross River Bank, 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, YUE Investments LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, YUE Investments LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - YUE Investments LLC in Wilsonville, OR
Ste G 29970 Sw Town Center Loop W
Wilsonville, OR 97070
NAICS code 722511
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Wilsonville
In the Wilsonville area, 57 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 6) and received an average PPP loan of $131,487 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Slick's Big Time BBQ LLC
Trapala Restaurant LLC
Hard Rain Inc
Gala Enterprise, LLC
The Indian Kitchen LLC
Sotero Enciso Chavez
The Kitchen At Middleground Farms Inc
Industry PPP Comparison Statistics
Nationwide, 328,914 businesses in the "Full-Service Restaurants" industry received a total of $42.6B in PPP loans. These businesses account for 3% of total PPP applications submitted, and received 5% of the total PPP funding allocated.
PPP recipients in this industry report an average of 22 employees, 267% higher than YUE Investments LLC's reported 6 employees, and received an average PPP loan of $129,504, 418% higher than this company's loan of $25,000.
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Footnotes & Information
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