FederalPay.org
PPP Loan Data — Bettencourt Dairies, LLC,
Wendell, ID
Bettencourt Dairies, LLC
Entity: Limited Liability Company (LLC)
Industry: Dairy Cattle and Milk Production
Location: Wendell, ID
Tweet This
•
Search All PPP Data
Bettencourt Dairies, LLC is a limited liability company (LLC) located at 2930 South 2300 East in Wendell, Idaho that received a Coronavirus-related PPP loan from the SBA of $2,737,500.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
342Loan Approved:
2020-04-09Lender:
BMO HARRIS BANK NATIONAL ASSOCIATIONBettencourt Dairies, LLC received a Paycheck Protection Loan of $2.74M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bettencourt Dairies, LLC's total 2019 payroll expenses were approximately $13.14M in order to qualify for the PPP loan amount received.
Based on their reported 342 jobs retained, this equals an estimated average yearly compensation of $38,421 per employee1.
Business Information - Bettencourt Dairies, LLC in Wendell, ID
2930 South 2300 East
Wendell, ID 83355
Business Industry
Dairy Cattle and Milk Production (NAICS code 112120)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: ID-02Similar Companies near Wendell
In the Wendell area, 21 businesses in the "Dairy Cattle and Milk Production" industry received a PPP loan. These local businesses reported an average of 52 employees (compared to this company's 342) and received an average PPP loan of $401,689 (compared to this company's $2.74M).
Similar Nearby Businesses Who Received PPP Funding:
South View Dairy, LLC
Wendell, ID
Prince Dairy Inc.
Wendell, ID
R & R Holsteins, LLC
Wendell, ID
Jesus Hurtado Dairy, LLC
Wendell, ID
Rockn-J Goats, LLC
Wendell, ID
Silverline Farms, LLC
Wendell, ID
Vanderham Brothers Dairy
Wendell, ID
Riverbend Dairy
Wendell, ID
Industry PPP Comparison Statistics
Nationwide, 9,729 businesses in the "Dairy Cattle and Milk Production" industry received a total of $848,987,339.00 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 Bettencourt Dairies, LLC's reported 342 employees, and received an average PPP loan of $87,264, 97% lower than this company's loan of $2.74M.
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.
Footnotes & Information
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.
Have FederalPay.org's open data tools been valuable? Consider donating!