PPP Loan Data — Bullfrog International Lc, Herriman, UT
Bullfrog International Lc
Entity: Limited Liability Company (LLC)
Location: Herriman, UTTweet This • Search All PPP Data
Bullfrog International Lc is a limited liability company (LLC) located at 7017 West 11800 South in Herriman, Utah that received a Coronavirus-related PPP loan from the SBA of $3,996,867.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Bullfrog International Lc in Herriman, UT received a Paycheck Protection Loan of $4M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bullfrog International Lc's total 2019 payroll expenses were approximately $19.18M in order to qualify for the PPP loan amount received.
Based on their reported 414 jobs retained, this equals an estimated average yearly compensation of $46,340 per employee1.
Business Information - Bullfrog International Lc in Herriman, UT
7017 West 11800 South
Herriman, UT 84096
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS code 423990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: UT-04
Similar Companies near Herriman
In the Herriman area, 3 businesses in the "Other Miscellaneous Durable Goods Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 140 employees (compared to this company's 414) and received an average PPP loan of $1,340,689 (compared to this company's $4M).
Similar Nearby Businesses Who Received PPP Funding:
I.S. Supply Inc
Industry PPP Comparison Statistics
Nationwide, 12,909 businesses in the "Other Miscellaneous Durable Goods Merchant Wholesalers" industry received a total of $1,253,322,545.00 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 8 employees, 98% lower than Bullfrog International Lc's reported 414 employees, and received an average PPP loan of $97,089, 98% lower than this company's loan of $4M.
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, 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.
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