PPP Loan Data — DN Discount Nutrition, LLC, Tampa, FL
DN Discount Nutrition, LLC is a limited liability company (LLC) located at 5725 Gunn Hwy in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $24,857.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
DN Discount Nutrition, LLC in Tampa, FL received a Paycheck Protection Loan of $24,857 through Bank of America, National Association, which was approved in May, 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, DN Discount Nutrition, LLC's 2019 payroll expenses are estimated to be at least $119,314.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $19,886 per employee1
Reported PPP Proceed Usage:
On the PPP application, DN Discount Nutrition, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,857
Business Information - DN Discount Nutrition, LLC in Tampa, FL
5725 Gunn Hwy
Tampa, FL 33625
Food (Health) Supplement Stores
NAICS code 446191
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Tampa
In the Tampa area, 6 businesses in the "Food (Health) Supplement Stores" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 6) and received an average PPP loan of $13,841 (compared to this company's $24,857).
Similar Nearby Businesses Who Received PPP Funding:
Cynthia Routt Gaines Gaines
Industry PPP Comparison Statistics
Nationwide, 8,057 businesses in the "Food (Health) Supplement Stores" industry received a total of $301.91M 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 5 employees, 17% lower than DN Discount Nutrition, LLC's reported 6 employees, and received an average PPP loan of $37,471, 51% higher than this company's loan of $24,857.
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