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PPP Loan Data — D&D Management Enterprises, LLC,
Salt Lake City, UT
D&D Management Enterprises, LLC
Entity: Limited Liability Company (LLC)
Industry: Limited-Service Restaurants
Location: Salt Lake City, UT
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D&D Management Enterprises, LLC is a limited liability company (LLC) located at 81 W 3300 St in Salt Lake City, Utah that received a Coronavirus-related PPP loan from the SBA of $2,510,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
474Loan Approved:
2020-04-07Lender:
INTRUST BANK, NATIONAL ASSOCIATIOND&D Management Enterprises, LLC received a Paycheck Protection Loan of $2.51M through INTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, D&D Management Enterprises, LLC's total 2019 payroll expenses were approximately $12.05M in order to qualify for the PPP loan amount received.
Based on their reported 474 jobs retained, this equals an estimated average yearly compensation of $25,426 per employee1.
Business Information - D&D Management Enterprises, LLC in Salt Lake City, UT
81 W 3300 St
Salt Lake City, UT 84115
Business Industry
Limited-Service Restaurants (NAICS code 722513)
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, 35 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 474) and received an average PPP loan of $297,474 (compared to this company's $2.51M).
Similar Nearby Businesses Who Received PPP Funding:
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RS-1 Inc DBA City Creek Pizza
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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 D&D Management Enterprises, LLC's reported 474 employees, and received an average PPP loan of $120,904, 95% lower than this company's loan of $2.51M.
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.
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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