PPP Loan Data — Yumi Ice Cream Co. Inc., The Colony, TX
Yumi Ice Cream Co. Inc.
Entity: Subchapter S Corporation
Location: The Colony, TXTweet This • Search All PPP Data
Yumi Ice Cream Co. Inc. is a subchapter s corporation located at 3551 Plano Pkwy in The Colony, Texas that received a Coronavirus-related PPP loan from the SBA of $4,570,800.00 in April, 2020.
The company has reported itself as an Asian owned business, and employed at least 357 people during the applicable loan loan period.
$ PPP Loan Information
Yumi Ice Cream Co. Inc. in The Colony, TX received a Paycheck Protection Loan of $4.57M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Yumi Ice Cream Co. Inc.'s total 2019 payroll expenses were approximately $21.94M in order to qualify for the PPP loan amount received.
Based on their reported 357 jobs retained, this equals an estimated average yearly compensation of $61,456 per employee1.
Business Information - Yumi Ice Cream Co. Inc. in The Colony, TX
3551 Plano Pkwy
The Colony, TX 75056
Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS code 424990)
Business Owner Demographics
Race / Ethnicity: ASIAN
Veteran Status: UnreportedCongressional District: TX-24
Similar Companies near The Colony
In the The Colony area, 2 businesses in the "Other Miscellaneous Nondurable Goods Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 181 employees (compared to this company's 357) and received an average PPP loan of $2,315,880 (compared to this company's $4.57M).
Similar Nearby Businesses Who Received PPP Funding:
Moksha Imports Inc
Industry PPP Comparison Statistics
Nationwide, 8,398 businesses in the "Other Miscellaneous Nondurable Goods Merchant Wholesalers" industry received a total of $907,670,921.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 97% lower than Yumi Ice Cream Co. Inc.'s reported 357 employees, and received an average PPP loan of $108,082, 98% lower than this company's loan of $4.57M.
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Footnotes & Information
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