PPP Loan Data — D&L Manufacturing, Inc., Tulsa, OK
D&L Manufacturing, Inc.
Entity: Subchapter S Corporation
Location: Tulsa, OKTweet This • Search All PPP Data
D&L Manufacturing, Inc. is a subchapter s corporation located at 1915 S 49th West Ave in Tulsa, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $3,875,700.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 225 people during the applicable loan loan period.
$ PPP Loan Information
D&L Manufacturing, Inc. in Tulsa, OK received a Paycheck Protection Loan of $3.88M through MABREY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, D&L Manufacturing, Inc.'s total 2019 payroll expenses were approximately $18.6M in order to qualify for the PPP loan amount received.
Based on their reported 225 jobs retained, this equals an estimated average yearly compensation of $82,682 per employee1.
Business Information - D&L Manufacturing, Inc. in Tulsa, OK
1915 S 49th West Ave
Tulsa, OK 74107
Oil and Gas Field Machinery and Equipment Manufacturing (NAICS code 333132)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: OK-01
Similar Companies near Tulsa
In the Tulsa area, 5 businesses in the "Oil and Gas Field Machinery and Equipment Manufacturing" industry received a PPP loan. These local businesses reported an average of 80 employees (compared to this company's 225) and received an average PPP loan of $1,271,780 (compared to this company's $3.88M).
Similar Nearby Businesses Who Received PPP Funding:
Midwestern Manufacturing Company
Big Elk Energy Systems, LLC
Industrial Fabrication Services, LLC
Bronco Manufacturing, LLC
Industry PPP Comparison Statistics
Nationwide, 893 businesses in the "Oil and Gas Field Machinery and Equipment Manufacturing" industry received a total of $361,454,588.00 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 25 employees, 89% lower than D&L Manufacturing, Inc.'s reported 225 employees, and received an average PPP loan of $404,764, 90% lower than this company's loan of $3.88M.
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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