PPP Loan Data — D A Dodd LLC, Rolling Prairie, IN
D A Dodd LLC
Entity: Limited Liability Company (LLC)
Location: Rolling Prairie, INTweet This • Search All PPP Data
D A Dodd LLC is a limited liability company (LLC) located at 14 E Michigan St in Rolling Prairie, Indiana that received a Coronavirus-related PPP loan from the SBA of $3,233,100.00 in April, 2020.
$ PPP Loan Information
Lender:1ST SOURCE BANK
D A Dodd LLC in Rolling Prairie, IN received a Paycheck Protection Loan of $3.23M through 1ST SOURCE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, D A Dodd LLC's total 2019 payroll expenses were approximately $15.52M in order to qualify for the PPP loan amount received.
Based on their reported 190 jobs retained, this equals an estimated average yearly compensation of $81,678 per employee1.
Business Information - D A Dodd LLC in Rolling Prairie, IN
14 E Michigan St
Rolling Prairie, IN 46371
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-02
Similar Companies near Rolling Prairie
In the Rolling Prairie area, 2 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 98 employees (compared to this company's 190) and received an average PPP loan of $1,625,525 (compared to this company's $3.23M).
Similar Nearby Businesses Who Received PPP Funding:
Hoosier Home Heating Inc.
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 94% lower than D A Dodd LLC's reported 190 employees, and received an average PPP loan of $154,981, 95% lower than this company's loan of $3.23M.
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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