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PPP Loan Data — Christopherson Andavo Travel LP,
Salt Lake City, UT
Christopherson Andavo Travel LP
Entity: Limited Liability Partnership
Industry: Travel Agencies
Location: Salt Lake City, UT
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Christopherson Andavo Travel LP is a limited liability partnership located at 5588 S Green St in Salt Lake City, Utah that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in March, 2021.
The company has reported itself as a White male owned business, and employed at least 269 people during the applicable loan loan period.
$
PPP Loan Information
Loan #9524588503
Loan Size:
Jobs Retained:
269Loan Approved:
2021-03-12Loan Status:
Paid in Full or ForgivenLender:
Zions Bank, A Division ofChristopherson Andavo Travel LP in Salt Lake City, UT received a Paycheck Protection Loan of $2M through Zions Bank, A Division of, which was approved in March, 2021.
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 April, 2022.
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, Christopherson Andavo Travel LP's 2019 payroll expenses are estimated to be at least $9.6M.
Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $35,688 per employee1
Reported PPP Proceed Usage:
On the PPP application, Christopherson Andavo Travel LP reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,999,994
- Utilities: $1
Business Information - Christopherson Andavo Travel LP in Salt Lake City, UT
5588 S Green St
Salt Lake City, UT 84123
Business Industry:
Travel Agencies
NAICS code 561510
Business Owner Demographics
Race: White
Ethnicity: Unreported
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 Salt Lake City
In the Salt Lake City area, 8 businesses in the "Travel Agencies" industry received a PPP loan. These local businesses reported an average of 69 employees (compared to this company's 269) and received an average PPP loan of $775,711 (compared to this company's $2M).
Similar Nearby Businesses Who Received PPP Funding:
John Froerer
Salt Lake City, UT
S.k.d. Enterprises LLC
Salt Lake City, UT
Timeshare Travel & Associates, Inc
Salt Lake City, UT
Melroy World Travel Agency Inc
Salt Lake City, UT
LDS Travel Club LLC
Salt Lake City, UT
Industry PPP Comparison Statistics
Nationwide, 20,701 businesses in the "Travel Agencies" industry received a total of $871M 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 4 employees, 99% lower than Christopherson Andavo Travel LP's reported 269 employees, and received an average PPP loan of $42,075, 98% lower than this company's loan of $2M.
Christopherson Andavo Travel, LP
Entity: Limited Liability Partnership
Industry: Travel Agencies
Location: Salt Lake City, UT
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Christopherson Andavo Travel, LP is a limited liability partnership located at 5588 South Green Street in Salt Lake City, Utah that received a Coronavirus-related PPP loan from the SBA of $4,106,000.00 in April, 2020.
$
PPP Loan Information
Loan #3196097102
Loan Size:
Jobs Retained:
269Loan Approved:
2020-04-11Loan Status:
Paid in Full or ForgivenLender:
Zions Bank, A Division ofChristopherson Andavo Travel, LP in Salt Lake City, UT received a Paycheck Protection Loan of $4.11M through Zions Bank, A Division of, 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 June, 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, Christopherson Andavo Travel, LP's 2019 payroll expenses are estimated to be at least $19.71M.
Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $73,267 per employee1
Reported PPP Proceed Usage:
On the PPP application, Christopherson Andavo Travel, LP reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $4,106,000
Business Information - Christopherson Andavo Travel, LP in Salt Lake City, UT
5588 South Green Street
Salt Lake City, UT 84123
Business Industry:
Travel Agencies
NAICS code 561510
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Salt Lake City
In the Salt Lake City area, 8 businesses in the "Travel Agencies" industry received a PPP loan. These local businesses reported an average of 69 employees (compared to this company's 269) and received an average PPP loan of $775,711 (compared to this company's $4.11M).
Similar Nearby Businesses Who Received PPP Funding:
John Froerer
Salt Lake City, UT
S.k.d. Enterprises LLC
Salt Lake City, UT
Timeshare Travel & Associates, Inc
Salt Lake City, UT
Melroy World Travel Agency Inc
Salt Lake City, UT
LDS Travel Club LLC
Salt Lake City, UT
Industry PPP Comparison Statistics
Nationwide, 20,701 businesses in the "Travel Agencies" industry received a total of $871M 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 4 employees, 99% lower than Christopherson Andavo Travel, LP's reported 269 employees, and received an average PPP loan of $42,075, 99% lower than this company's loan of $4.11M.
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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