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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 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 Size:
Jobs Retained:
269Loan Approved:
2020-04-11Lender:
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.
Based on standard PPP eligibility rules, Christopherson Andavo Travel, LP's total 2019 payroll expenses were approximately $19.71M in order to qualify for the PPP loan amount received.
Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $73,267 per employee1.
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 / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: UT-04Similar Companies near Salt Lake City
In the Salt Lake City area, 4 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 $1,035,322 (compared to this company's $4.11M).
Similar Nearby Businesses Who Received PPP Funding:
SKD Enterprises LLC
Salt Lake City, UT
Melroy World Travel Agency, Inc.
Salt Lake City, UT
Timeshare Travel & Associates, Inc
Salt Lake City, UT
Industry PPP Comparison Statistics
Nationwide, 9,316 businesses in the "Travel Agencies" industry received a total of $500,148,248.00 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 5 employees, 98% lower than Christopherson Andavo Travel, LP's reported 269 employees, and received an average PPP loan of $53,687, 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, 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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