PPP Loan Data — CV Holdings Lc, Lehi, UT
CV Holdings Lc is a limited liability company (LLC) located at 3451 N Triumph Blvd Ste 105 in Lehi, Utah that received a Coronavirus-related PPP loan from the SBA of $4,377,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
CV Holdings Lc received a Paycheck Protection Loan of $4.38M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, CV Holdings Lc's total 2019 payroll expenses were approximately $21.01M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $42,019 per employee1.
Business Information - CV Holdings Lc in Lehi, UT
3451 N Triumph Blvd Ste 105
Lehi, UT 84043
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: UT-04
Similar Companies near Lehi
In the Lehi area, 19 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 62 employees (compared to this company's 500) and received an average PPP loan of $380,188 (compared to this company's $4.38M).
Similar Nearby Businesses Who Received PPP Funding:
Integrity Food Group, LLC
FFG R&R Stores, LLC
One Man Band Of Lehi
Genesis Ice Cream Tm LLC
Am Niccoli LLC
BBC Venture IV LLC
Teriyaki Grill Lehi LLC
Vandk Lehi LLC
Industry PPP Comparison Statistics
Nationwide, 79,996 businesses in the "Limited-Service Restaurants" industry received a total of $9,671,819,152.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, 95% lower than CV Holdings Lc's reported 500 employees, and received an average PPP loan of $120,904, 97% lower than this company's loan of $4.38M.
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Footnotes & Information
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