FederalPay.org
PPP Loan Data — DG Hotel Operations, LLC,
Irvine, CA
DG Hotel Operations, LLC
Entity: Limited Liability Company (LLC)
Industry: Hotels (except Casino Hotels) and Motels
Location: Irvine, CA
Tweet This
•
Search All PPP Data
DG Hotel Operations, LLC is a limited liability company (LLC) located at 2532 Dupont Dr in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $452,443.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-09Lender:
FARMERS & MERCHANTS BANK OF LONG BEACHDG Hotel Operations, LLC received a Paycheck Protection Loan of $452,443 through FARMERS & MERCHANTS BANK OF LONG BEACH, which was approved in April, 2020.
Based on standard PPP eligibility rules, DG Hotel Operations, LLC's total 2019 payroll expenses were approximately $2.17M in order to qualify for the PPP loan amount received.
Unlike most businesses, DG Hotel Operations, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - DG Hotel Operations, LLC in Irvine, CA
2532 Dupont Dr
Irvine, CA 92612
Business Industry
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-45Similar Companies near Irvine
In the Irvine area, 19 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 0) and received an average PPP loan of $1,160,236 (compared to this company's $452,443).
Similar Nearby Businesses Who Received PPP Funding:
TMR Operations, LLC
Irvine, CA
HWV Hospitality Services, Inc.
Irvine, CA
KO'A Kea Operations, LLC
Irvine, CA
Estancia Operations, LLC
Irvine, CA
CE Operations, LLC
Irvine, CA
Core Monrovia LLC
Irvine, CA
Landmark Marriott Suites, LLC
Irvine, CA
Pacific City Operations, LLC
Irvine, CA
Industry PPP Comparison Statistics
Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, and received an average PPP loan of $161,149, 64% lower than this company's loan of $452,443.
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.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!