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PPP Loan Data — Barker Drottar Associates LLC,
Las Vegas, NV
Barker Drottar Associates LLC
Entity: Limited Liability Company (LLC)
Industry: Engineering Services
Location: Las Vegas, NV
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Barker Drottar Associates LLC is a limited liability company (LLC) located at 5960 S Rainbow Blvd Ste 300 in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $59,110.00 in February, 2021.
The company has reported itself as a male owned business, and employed at least four people during the applicable loan loan period.
$
PPP Loan Information
Loan #3300308504
Loan Size:
Jobs Retained:
4Loan Approved:
2021-02-23Loan Status:
Ongoing LoanLender:
Texas Partners BankBarker Drottar Associates LLC in Las Vegas, NV received a Paycheck Protection Loan of $59,110 through Texas Partners Bank, which was approved in February, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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 MoreUnderstanding 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 MoreBased 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, Barker Drottar Associates LLC's 2019 payroll expenses are estimated to be at least $283,728.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $70,932 per employee1
Reported PPP Proceed Usage:
On the PPP application, Barker Drottar Associates LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $59,110
Business Information - Barker Drottar Associates LLC in Las Vegas, NV
5960 S Rainbow Blvd Ste 300
Las Vegas, NV 89118
Business Industry:
Engineering Services
NAICS code 541330
Business Owner Demographics
Race: Unreported
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Las Vegas
In the Las Vegas area, 53 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 4) and received an average PPP loan of $336,778 (compared to this company's $59,110).
Similar Nearby Businesses Who Received PPP Funding:
Geotek Companies, Inc
Las Vegas, NV
American Soils Engineering LLC
Las Vegas, NV
BCC Management Inc
Las Vegas, NV
Entelechy Global, Inc
Las Vegas, NV
EI Engineering Incorporated
Las Vegas, NV
Mendenhall Smith Structural Engineers, PLLC
Las Vegas, NV
Geotechnical & Environmental Services, Inc
Las Vegas, NV
Joshua Turner
Las Vegas, NV
Industry PPP Comparison Statistics
Nationwide, 47,152 businesses in the "Engineering Services" industry received a total of $9.19B 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 13 employees, 225% higher than Barker Drottar Associates LLC's reported 4 employees, and received an average PPP loan of $194,873, 230% higher than this company's loan of $59,110.
Barker Drottar Associates, LLC
Entity: Limited Liability Company (LLC)
Industry: Engineering Services
Location: Las Vegas, NV
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•
Search All PPP Data
Barker Drottar Associates, LLC is a limited liability company (LLC) located at 5960 S Rainbow Blvd Ste 300 in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $75,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least five people during the applicable loan loan period.
$
PPP Loan Information
Loan #9885567104
Loan Size:
Jobs Retained:
5Loan Approved:
2020-04-15Loan Status:
Paid in Full or ForgivenLender:
Texas Partners BankBarker Drottar Associates, LLC in Las Vegas, NV received a Paycheck Protection Loan of $75,000 through Texas Partners 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 May, 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 MoreUnderstanding 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 MoreBased 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, Barker Drottar Associates, LLC's 2019 payroll expenses are estimated to be at least $360,000.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $72,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Barker Drottar Associates, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $56,250
- Utilities: $7,500
- Mortgage Interest: $11,250
Business Information - Barker Drottar Associates, LLC in Las Vegas, NV
5960 S Rainbow Blvd Ste 300
Las Vegas, NV 89118
Business Industry:
Engineering Services
NAICS code 541330
Business Owner Demographics
Race: Unreported
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Las Vegas
In the Las Vegas area, 53 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 5) and received an average PPP loan of $336,778 (compared to this company's $75,000).
Similar Nearby Businesses Who Received PPP Funding:
Geotek Companies, Inc
Las Vegas, NV
American Soils Engineering LLC
Las Vegas, NV
BCC Management Inc
Las Vegas, NV
Entelechy Global, Inc
Las Vegas, NV
EI Engineering Incorporated
Las Vegas, NV
Mendenhall Smith Structural Engineers, PLLC
Las Vegas, NV
Geotechnical & Environmental Services, Inc
Las Vegas, NV
Joshua Turner
Las Vegas, NV
Industry PPP Comparison Statistics
Nationwide, 47,152 businesses in the "Engineering Services" industry received a total of $9.19B 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 13 employees, 160% higher than Barker Drottar Associates, LLC's reported 5 employees, and received an average PPP loan of $194,873, 160% higher than this company's loan of $75,000.
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.
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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