PPP Loan Data — DLS Events, LLC, Los Angeles, CA
DLS Events, LLC is a limited liability company (LLC) located at 3780 Wilshire Blvd #800 in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $3,574,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 329 people during the applicable loan loan period.
$ PPP Loan Information
DLS Events, LLC received a Paycheck Protection Loan of $3.57M through SUNWEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, DLS Events, LLC's total 2019 payroll expenses were approximately $17.16M in order to qualify for the PPP loan amount received.
Based on their reported 329 jobs retained, this equals an estimated average yearly compensation of $52,143 per employee1.
Business Information - DLS Events, LLC in Los Angeles, CA
3780 Wilshire Blvd #800
Los Angeles, CA 90010
Caterers (NAICS code 722320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CA-34
Similar Companies near Los Angeles
In the Los Angeles area, 3 businesses in the "Caterers" industry received a PPP loan. These local businesses reported an average of 116 employees (compared to this company's 329) and received an average PPP loan of $1,250,575 (compared to this company's $3.57M).
Similar Nearby Businesses Who Received PPP Funding:
Slauson Food & Beverage Wholesalers, Inc
Los Angeles, CA
Los Angeles, CA
Industry PPP Comparison Statistics
Nationwide, 10,381 businesses in the "Caterers" industry received a total of $747,617,656.00 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 11 employees, 97% lower than DLS Events, LLC's reported 329 employees, and received an average PPP loan of $72,018, 98% lower than this company's loan of $3.57M.
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.
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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