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PPP Loan Data — DNT Construction LLC, Round Rock, TX

SBA PPP loan data, payroll data, and salaries for DNT Construction LLC
TX

DNT Construction LLC

Entity: Limited Liability Company (LLC)

Industry: Site Preparation Contractors

Location: Round Rock, TX

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DNT Construction LLC is a limited liability company (LLC) located at 2300 Picadilly Dr in Round Rock, Texas that received a Coronavirus-related PPP loan from the SBA of $8,421,129.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$8.42M

Jobs Retained:

498

Loan Approved:

2020-04-15

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

DNT Construction LLC in Round Rock, TX received a Paycheck Protection Loan of $8.42M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, DNT Construction LLC's total 2019 payroll expenses were approximately $40.42M in order to qualify for the PPP loan amount received.

Based on their reported 498 jobs retained, this equals an estimated average yearly compensation of $81,168 per employee1.

Because the loan received by DNT Construction LLC 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 - DNT Construction LLC in Round Rock, TX

DNT Construction LLC
2300 Picadilly Dr
Round Rock, TX 78664

Business Industry

Site Preparation Contractors (NAICS code 238910)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-17

Similar Companies near Round Rock

In the Round Rock area, 6 businesses in the "Site Preparation Contractors" industry received a PPP loan. These local businesses reported an average of 117 employees (compared to this company's 498) and received an average PPP loan of $1,870,617 (compared to this company's $8.42M).

Industry PPP Comparison Statistics

Nationwide, 17,653 businesses in the "Site Preparation Contractors" industry received a total of $2,959,828,729.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 12 employees, 98% lower than DNT Construction LLC's reported 498 employees, and received an average PPP loan of $167,667, 98% lower than this company's loan of $8.42M.

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, and is published unmodified, as provided by the SBA.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/dnt-construction-llc-round-rock-tx