What is SIC code 8742?

What is SIC code 8742?

Establishments primarily engaged in furnishing operating counsel and assistance to managements of private, nonprofit, and public organizations.

What is SIC code 5812?

Establishments primarily engaged in the retail sale of prepared food and drinks for on-premise or immediate consumption. Caterers and industrial and institutional food service establishments are also included in this industry.

What are the SIC and Naics codes for Starbucks?

NAICS Profile Page

Company DUNS#: /th>
Corporate Name: Starbucks Corporation
NAICS 1: 722513 Limited-Service Restaurants
NAICS 2: 445299 All Other Specialty Food Stores
SIC 1: /td>

Coffee shop

What is Starbucks Naics code?

311811

What is the SIC code for a bakery?

Industry: 2051—Bread and Other Bakery Products, Except Cookies and Crackers

Codes Titles Total Marketable US Businesses
/td>

Bakery products, partially cooked (except frozen) 56
/td>

Bakery, for home service delivery 109
/td>

Bakery: wholesale or wholesale/retail combined 1,260

What is my Naics code for my business?

9. How can I determine the correct NAICS code for my business? You can use the search feature at www.census.gov/naics. In the “2017 NAICS Search” box on the left side of that page, enter a keyword that describes your kind of business.

What is the Naics code for a bakery?

What is the Naics code for fast-food restaurants?

Establishments primarily engaged in–

2007 NAICS 2012 NAICS Index Entries for 722513
722211 722513 Fast casual restaurants
722211 722513 Fast-food restaurants
722211 722513 Pizza delivery shops
722211 722513 Pizza parlors, limited-service

What does Naics stand for?

North American Industry Classification System

What is a Naics code?

A NAICS (pronounced NAKES) Code is a classification within the North American Industry Classification System. The NAICS System was developed for use by Federal Statistical Agencies for the collection, analysis and publication of statistical data related to the US Economy.

What is Naics 72 applicant?

Businesses that fall within NAICS Code 72, which applies to accommodations and food services, are also eligible if they employ no more than 500 people per physical location. Sole proprietorships, independent contractors, and self-employed individuals are also eligible.

Can PPP loan be used to pay rent?

Since you don’t have a mortgage, you can spend the funds on rent and utilities during the two month period (most likely May and June rent).

Who is eligible for first draw PPP loans?

Any single business entity that is assigned a NAICS code beginning with 72 (including hotels and restaurants) and employs not more than 500 employees per physical location is eligible to receive a First Draw PPP Loan.

How do I calculate my PPP loan?

PPP loans are calculated using the average monthly cost of the salaries of you and your employees. If you’re a sole proprietor or self-employed and file a Schedule C, your PPP loan is calculated based on your business’ gross profit (or gross income). Your salary as an owner is defined by the way your business is taxed.

How much of a PPP loan can I get?

The maximum amount of money you can borrow as a first-time PPP borrower is 2.5 times your average monthly payroll costs, up to a maximum of $10 million. That means, for example, if your average monthly payroll in the last 12 months was $100,000, you could borrow up to $250,000.

How do I know if my PPP loan is approved?

If you applied for your PPP loan via Womply, you can check loan application status at https://www.womply.com/ppp-status/. If you did not apply through Womply, you will need to contact your SBA-approved lender and request a status update.

Why did my PPP Loan get denied?

Why Some Eligible Loan Applications Are Rejected If you make a mistake in your loan application, your lender may reject your request and require you to re-apply with the correct information before they can process your loan fully. This may or may not put you at the “back of the queue” that each lender has.

What documentation will I need for PPP forgiveness?

Documents may include payroll tax filings reported, or that will be reported, to the IRS (typically, Form 941) and state quarterly business and individual employee wage reporting and unemployment insurance tax filings reported, or that will be reported, to the relevant state.

How do I apply for PPP forgiveness?

To apply for PPP loan forgiveness, use the SBA’s Loan Forgiveness Application form, Form 3508, or your lender’s equivalent form. You might be able to use Form 3508EZ or Form 3508S if you meet the eligibility guidelines. After completing the form and attaching any necessary documents, submit it to your lender.

When can I apply for PPP forgiveness?

Borrowers can apply for forgiveness any time up to the maturity date of the loan. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred, and borrowers will begin making loan payments to their PPP lender.

Is Womply good for PPP?

In 2020, Womply helped more than 100,000 businesses access the Paycheck Protection Program through its network of SBA-approved lenders. Up to 41.1 million independent workers or non-employer businesses could qualify for PPP. 96% of these businesses did not get PPP in 2020.

How long does PPP approval take?

around two weeks