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PPP Loan Data — DNT Construction LLC,
Round Rock, 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 #1667757206
Loan Size:
Jobs Retained:
498Loan Approved:
2020-04-15Loan Status:
Paid in Full or ForgivenLender:
Bank of America, National AssociationDNT 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.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in July, 2021.
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 MoreUnderstanding 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 MoreBased 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, DNT Construction LLC's 2019 payroll expenses are estimated to be at least $40.42M.
Based on their reported 498 jobs retained, this equals an estimated average yearly compensation of $81,168 per employee1
Reported PPP Proceed Usage:
On the PPP application, DNT Construction LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $8,421,129
Business Information - DNT Construction LLC in Round Rock, TX
2300 Picadilly Dr
Round Rock, TX 78664
Business Industry:
Site Preparation Contractors
NAICS code 238910
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age:
LMI Zone: Y
HUBZone: N
Rural / Urban: Urban
Similar Companies near Round Rock
In the Round Rock area, 8 businesses in the "Site Preparation Contractors" industry received a PPP loan. These local businesses reported an average of 102 employees (compared to this company's 498) and received an average PPP loan of $1,541,829 (compared to this company's $8.42M).
Similar Nearby Businesses Who Received PPP Funding:
Erfurt Blasting Company Inc
Round Rock, TX
CHM Weatherguard LLC
Round Rock, TX
Guthrie Mcmillan LLC
Round Rock, TX
Droptine Heating And Cooling
Round Rock, TX
Cornerstone Site Services, LLC
Round Rock, TX
Texas Cutting And Coring, LP
Round Rock, TX
Industry PPP Comparison Statistics
Nationwide, 30,773 businesses in the "Site Preparation Contractors" industry received a total of $4.3B 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 12 employees, 98% lower than DNT Construction LLC's reported 498 employees, and received an average PPP loan of $139,838, 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, 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. 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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