PPP Loan Data — D & D Peterson Inc, Denair, CA
D & D Peterson Inc
Entity: Subchapter S Corporation
Location: Denair, CATweet This • Search All PPP Data
D & D Peterson Inc is a subchapter s corporation located at 3113 E. Monte Vista Ave in Denair, California that received a Coronavirus-related PPP loan from the SBA of $24,995.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least four people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of the West
D & D Peterson Inc in Denair, CA received a Paycheck Protection Loan of $24,995 through Bank of the West, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, D & D Peterson Inc's 2019 payroll expenses are estimated to be at least $119,976.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $29,994 per employee1
Reported PPP Proceed Usage:
On the PPP application, D & D Peterson Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,995
Business Information - D & D Peterson Inc in Denair, CA
3113 E. Monte Vista Ave
Denair, CA 95316
Specialized Freight (except Used Goods) Trucking, Long-Distance
NAICS code 484230
Business Owner Demographics
Gender: Female Owned
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Denair
In the Denair area, 5 businesses in the "Specialized Freight (except Used Goods) Trucking, Long-Distance" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 4) and received an average PPP loan of $36,298 (compared to this company's $24,995).
Similar Nearby Businesses Who Received PPP Funding:
Super Transport Company Inc
KTC Cargo Inc
Industry PPP Comparison Statistics
Nationwide, 35,019 businesses in the "Specialized Freight (except Used Goods) Trucking, Long-Distance" industry received a total of $1.38B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 3 employees, 25% lower than D & D Peterson Inc's reported 4 employees, and received an average PPP loan of $39,377, 58% higher than this company's loan of $24,995.
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Footnotes & Information
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