Brown Transfer Company, LLC in Kearney, NE - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Brown Transfer Company, LLC, Kearney, NE

Brown Transfer Company, LLC

Entity: Limited Liability Company (LLC)

Industry: All Other Support Activities for Transportation

Location: Kearney, NE

Brown Transfer Company, LLC is a limited liability company (LLC) located at 68847 11th St in Kearney, Nebraska that received a Coronavirus-related PPP loan from the SBA of $2,519,192.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.52M

Jobs Retained:

277

Loan Approved:

2020-04-08

Lender:

BBVA USA

Brown Transfer Company, LLC received a Paycheck Protection Loan of $2.52M through BBVA USA, which was approved in April, 2020.

Based on standard PPP eligibility rules, Brown Transfer Company, LLC's total 2019 payroll expenses were approximately $12.09M in order to qualify for the PPP loan amount received.

Based on their reported 277 jobs retained, this equals an estimated average yearly compensation of $43,654 per employee¹.

Because the loan received by Brown Transfer Company, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Brown Transfer Company, LLC in Kearney, NE

Brown Transfer Company, LLC
68847 11th St
Kearney, NE 68847

Business Industry

All Other Support Activities for Transportation (NAICS code 488999)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NE-03

Industry PPP Comparison Statistics

Nationwide, 8,990 businesses in the "All Other Support Activities for Transportation" industry received a total of $529,310,655.00 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 7 employees, 97% lower than Brown Transfer Company, LLC's reported 277 employees, and received an average PPP loan of $58,878, 98% lower than this company's loan of $2.52M.

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.

Search FederalPay's Full PPP Loan Database

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.

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