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

PPP Loan Data — DBW Marketing, Lindon, UT

ALERT: There are 2 PPP loans for a total of $72,450 in our database for businesses with the name "DBW Marketing" in Lindon, UT. 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 DBW Marketing
UT

DBW Marketing

Entity: Corporation

Industry: Apparel Accessories and Other Apparel Manufacturing

Location: Lindon, UT

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DBW Marketing is a corporation located at 1507 W 500 N in Lindon, Utah that received a Coronavirus-related PPP loan from the SBA of $26,250.00 in January, 2021.

$ PPP Loan Information
Loan #8622658303

Loan Size:

$26,250

Jobs Retained:

6

Loan Approved:

2021-01-29

Loan Status:

Ongoing Loan

Lender:

Zions Bank, A Division of

DBW Marketing in Lindon, UT received a Paycheck Protection Loan of $26,250 through Zions Bank, A Division of, which was approved in January, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

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, DBW Marketing's 2019 payroll expenses are estimated to be at least $126,000.

Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $21,000 per employee1

Reported PPP Proceed Usage:

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

  • Payroll: $26,248
  • Utilities: $1

Business Information - DBW Marketing in Lindon, UT

DBW Marketing
1507 W 500 N
Lindon, UT 84042

Business Industry:
Apparel Accessories and Other Apparel Manufacturing
NAICS code 315990

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

Utah County, UT — SBA Office 0883 — Congressional District: UT-03

Similar Companies near Lindon

In the Lindon area, 5 businesses in the "Apparel Accessories and Other Apparel Manufacturing" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 6) and received an average PPP loan of $177,530 (compared to this company's $26,250).

Industry PPP Comparison Statistics

Nationwide, 9,432 businesses in the "Apparel Accessories and Other Apparel Manufacturing" industry received a total of $580.41M 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 7 employees, 17% higher than DBW Marketing's reported 6 employees, and received an average PPP loan of $61,536, 134% higher than this company's loan of $26,250.

SBA PPP loan data, payroll data, and salaries for D.b.w. Marketing
UT

D.b.w. Marketing

Entity: Corporation

Industry: Polystyrene Foam Product Manufacturing

Location: Lindon, UT

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D.b.w. Marketing is a corporation located at 1507 West 500 North in Lindon, Utah that received a Coronavirus-related PPP loan from the SBA of $46,200.00 in April, 2020.

$ PPP Loan Information
Loan #4629787109

Loan Size:

$46,200

Jobs Retained:

5

Loan Approved:

2020-04-13

Loan Status:

Ongoing Loan

Lender:

Zions Bank, A Division of

D.b.w. Marketing in Lindon, UT received a Paycheck Protection Loan of $46,200 through Zions Bank, A Division of, which was approved in April, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

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, D.b.w. Marketing's 2019 payroll expenses are estimated to be at least $221,760.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,352 per employee1

Reported PPP Proceed Usage:

On the PPP application, D.b.w. Marketing reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $46,200

Business Information - D.b.w. Marketing in Lindon, UT

D.b.w. Marketing
1507 West 500 North
Lindon, UT 84042

Business Industry:
Polystyrene Foam Product Manufacturing
NAICS code 326140

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

Utah County, UT — SBA Office 0883 — Congressional District: UT-03

Industry PPP Comparison Statistics

Nationwide, 227 businesses in the "Polystyrene Foam Product Manufacturing" industry received a total of $58.15M 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 28 employees, 460% higher than D.b.w. Marketing's reported 5 employees, and received an average PPP loan of $256,168, 454% higher than this company's loan of $46,200.

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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Source: www.federalpay.org/paycheck-protection-program/dbw-marketing-lindon-ut