Chena Bingo
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Chena Bingo is a limited liability partnership located at 109 Clay St in Fairbanks, Alaska that received a Coronavirus-related PPP loan from the SBA of $169,624.00 in April, 2020.
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PPP Loan Information
Chena Bingo - 109 W Clay St, Fairbanks, Alaska 99701 - Rated 4.5 based on 159 Reviews 'When i first came to Alaska, i was looking for a Bingo place to go.
Chena Bingo in Fairbanks, AK received a Paycheck Protection Loan of $169,624 through NORTHRIM BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Chena Bingo’s total 2019 payroll expenses were approximately $814,195 in order to qualify for the PPP loan amount received.
Based on their reported 19 jobs retained, this equals an estimated average yearly compensation of $42,852 per employee1.
Business Information – Chena Bingo in Fairbanks, AK
Similar Companies near Fairbanks
In the Fairbanks area, 3 businesses in the “Other Gambling Industries” industry received a PPP loan. These local businesses reported an average of 14 employees(compared to this company’s 19) and received an average PPP loan of $95,368(compared to this company’s $169,624).
Chena Bingo Fairbanks Times
Industry PPP Comparison Statistics
Nationwide, 866 businesses in the “Other Gambling Industries” industry received a total of $112,742,082.00 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 16 employees,
16% lower than Chena Bingo’s reported 19 employees, and received an average PPP loan of $130,187, 23% lower than this company’s loan of $169,624.
Chena Bingo Fairbanks Hours
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, and is published unmodified, as provided by the SBA.
1. 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.
Chena Bingo In Fairbanks Ak
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