XI Peon Phoummaly DBA XI Tech Automotive Received a PPP Loan

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In order to be eligible for a PPP loan, XI Peon Phoummaly DBA XI Tech Automotive must have at least $78,000 in payroll expenses in 2019. A standard PPP eligibility formula helps businesses estimate their payroll expenses to determine if they qualify for the loan. In the Honolulu area, 37 businesses in the “General Automotive Repair” industry received PPP loans, with an average loan size of $59,125.

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