PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Dbsi Inc, Chandler, AZ

ALERT: There are 2 PPP loans for a total of $4.42M in our database for businesses with the name "Dbsi Inc" in Chandler, AZ. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Dbsi Inc
AZ

Dbsi Inc

Entity: Subchapter S Corporation

Industry: Site Preparation Contractors

Location: Chandler, AZ

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Dbsi Inc is a subchapter s corporation located at 6950 W Morelos Pl in Chandler, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in January, 2021.

The company has reported itself as a female owned business, and employed at least 112 people during the applicable loan loan period.

$ PPP Loan Information
Loan #7834988305

Loan Size:

$2M

Jobs Retained:

112

Loan Approved:

2021-01-28

Loan Status:

Paid in Full or Forgiven

Lender:

Bankers Trust Company

Dbsi Inc in Chandler, AZ received a Paycheck Protection Loan of $2M through Bankers Trust Company, which was approved in January, 2021.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in August, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Dbsi Inc's 2019 payroll expenses are estimated to be at least $9.6M.

Based on their reported 112 jobs retained, this equals an estimated average yearly compensation of $85,714 per employee1

Reported PPP Proceed Usage:

On the PPP application, Dbsi Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,000,000
Because the loan received by Dbsi Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Dbsi Inc in Chandler, AZ

Dbsi Inc
6950 W Morelos Pl
Chandler, AZ 85226

Business Industry:
Site Preparation Contractors
NAICS code 238910

Business Owner Demographics

Race: Unreported

Ethnicity: Hispanic or Latino

Gender: Female Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Urban

Maricopa County, AZ — SBA Office 0988 — Congressional District: AZ-09

Businesses Using Same Address:

There is one other business that received a PPP loan registered to the same address as Dbsi Inc.

Design Drywall West Inc
Drywall and Insulation Contractors

$518,366 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 30,777 businesses in the "Site Preparation Contractors" industry received a total of $4.3B 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 12 employees, 89% lower than Dbsi Inc's reported 112 employees, and received an average PPP loan of $139,838, 93% lower than this company's loan of $2M.

SBA PPP loan data, payroll data, and salaries for Dbsi, Inc
AZ

Dbsi, Inc

Entity: Subchapter S Corporation

Industry: All Other Specialty Trade Contractors

Location: Chandler, AZ

Search All PPP Data

Dbsi, Inc is a subchapter s corporation located at 6950 West Morelos Plaza in Chandler, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,424,952.00 in April, 2020.

$ PPP Loan Information
Loan #7354137008

Loan Size:

$2.42M

Jobs Retained:

162

Loan Approved:

2020-04-07

Loan Status:

Paid in Full or Forgiven

Lender:

Bankers Trust Company

Dbsi, Inc in Chandler, AZ received a Paycheck Protection Loan of $2.42M through Bankers Trust Company, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in July, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Dbsi, Inc's 2019 payroll expenses are estimated to be at least $11.64M.

Based on their reported 162 jobs retained, this equals an estimated average yearly compensation of $71,850 per employee1

Reported PPP Proceed Usage:

On the PPP application, Dbsi, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,424,952
Because the loan received by Dbsi, Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Dbsi, Inc in Chandler, AZ

Dbsi, Inc
6950 West Morelos Plaza
Chandler, AZ 85226

Business Industry:
All Other Specialty Trade Contractors
NAICS code 238990

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Maricopa County, AZ — SBA Office 0988 — Congressional District: AZ-09

Similar Companies near Chandler

In the Chandler area, 20 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 28 employees (compared to this company's 162) and received an average PPP loan of $292,965 (compared to this company's $2.42M).

Industry PPP Comparison Statistics

Nationwide, 92,275 businesses in the "All Other Specialty Trade Contractors" industry received a total of $8.02B 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 8 employees, 95% lower than Dbsi, Inc's reported 162 employees, and received an average PPP loan of $86,934, 96% lower than this company's loan of $2.42M.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/dbsi-inc-chandler-az