PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Yuki Yama LLC, Park City, UT

ALERT: There are 2 PPP loans for a total of $759,033 in our database for businesses with the name "Yuki Yama LLC" in Park City, UT. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Yuki Yama LLC
UT

Yuki Yama LLC

Entity: Limited Liability Company (LLC)

Industry: Full-Service Restaurants

Location: Park City, UT

Search All PPP Data

Yuki Yama LLC is a limited liability company (LLC) located at 586 Main St in Park City, Utah that received a Coronavirus-related PPP loan from the SBA of $442,033.00 in January, 2021.

$ PPP Loan Information
Loan #2329248302

Loan Size:

$442,033

Jobs Retained:

29

Loan Approved:

2021-01-20

Loan Status:

Paid in Full or Forgiven

Lender:

American State Bank

Yuki Yama LLC in Park City, UT received a Paycheck Protection Loan of $442,033 through American State Bank, which was approved in January, 2021.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in August, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Yuki Yama LLC's 2019 payroll expenses are estimated to be at least $2.12M.

Based on their reported 29 jobs retained, this equals an estimated average yearly compensation of $73,164 per employee1

Reported PPP Proceed Usage:

On the PPP application, Yuki Yama LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $442,031
  • Utilities: $1

Business Information - Yuki Yama LLC in Park City, UT

Yuki Yama LLC
586 Main St
Park City, UT 84060

Business Industry:
Full-Service Restaurants
NAICS code 722511

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Summit County, UT — SBA Office 0883 — Congressional District: UT-01

Similar Companies near Park City

In the Park City area, 78 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 43 employees (compared to this company's 29) and received an average PPP loan of $288,244 (compared to this company's $442,033).

Industry PPP Comparison Statistics

Nationwide, 326,480 businesses in the "Full-Service Restaurants" industry received a total of $42.51B 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, 24% lower than Yuki Yama LLC's reported 29 employees, and received an average PPP loan of $130,209, 71% lower than this company's loan of $442,033.

SBA PPP loan data, payroll data, and salaries for Yuki Yama LLC
UT

Yuki Yama LLC

Entity: Limited Liability Company (LLC)

Industry: Food Service Contractors

Location: Park City, UT

Search All PPP Data

Yuki Yama LLC is a limited liability company (LLC) located at 568 Main Street in Park City, Utah that received a Coronavirus-related PPP loan from the SBA of $317,000.00 in April, 2020.

$ PPP Loan Information
Loan #1128457309

Loan Size:

$317,000

Jobs Retained:

37

Loan Approved:

2020-04-28

Loan Status:

Paid in Full or Forgiven

Lender:

American State Bank

Yuki Yama LLC in Park City, UT received a Paycheck Protection Loan of $317,000 through American State Bank, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Yuki Yama LLC's 2019 payroll expenses are estimated to be at least $1.52M.

Based on their reported 37 jobs retained, this equals an estimated average yearly compensation of $41,124 per employee1

Reported PPP Proceed Usage:

On the PPP application, Yuki Yama LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $317,000

Business Information - Yuki Yama LLC in Park City, UT

Yuki Yama LLC
568 Main Street
Park City, UT 84060

Business Industry:
Food Service Contractors
NAICS code 722310

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Summit County, UT — SBA Office 0883 — Congressional District: UT-01

Similar Companies near Park City

In the Park City area, 2 businesses in the "Food Service Contractors" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 37) and received an average PPP loan of $161,625 (compared to this company's $317,000).

Similar Nearby Businesses Who Received PPP Funding:

PC Pho
Park City, UT

$6,250 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 35,883 businesses in the "Food Service Contractors" industry received a total of $1.95B 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 7 employees, 81% lower than Yuki Yama LLC's reported 37 employees, and received an average PPP loan of $54,432, 83% lower than this company's loan of $317,000.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/yuki-yama-llc-park-city-ut