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PPP Loan Data — Doggett Freightliner Of Arkansas LLC,
Houston, TX
FRANCHISE
TXDoggett Freightliner Of Arkansas LLC
Entity: Limited Liability Company (LLC)
Industry: Automobile and Other Motor Vehicle Merchant Wholesalers
Franchise: Freightliner Trucks - Dealer Sales and Service Agreement
Location: Houston, TX
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Doggett Freightliner Of Arkansas LLC is a limited liability company (LLC) located at 9111 North Fwy in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $1,915,023.00 in April, 2021. This business is a Freightliner Trucks - Dealer Sales and Service Agreement franchise.
The company has reported itself as a male veteran owned business, and employed at least 155 people during the applicable loan loan period.
$
PPP Loan Information
Loan #8019628801
Loan Size:
Jobs Retained:
155Loan Approved:
2021-04-22Loan Status:
Paid in Full or ForgivenLender:
Gulf Capital BankDoggett Freightliner Of Arkansas LLC in Houston, TX received a Paycheck Protection Loan of $1.92M through Gulf Capital Bank, which was approved in April, 2021.
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 October, 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, Doggett Freightliner Of Arkansas LLC's 2019 payroll expenses are estimated to be at least $9.19M.
Based on their reported 155 jobs retained, this equals an estimated average yearly compensation of $59,304 per employee1
Reported PPP Proceed Usage:
On the PPP application, Doggett Freightliner Of Arkansas LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,915,023
Business Information - Doggett Freightliner Of Arkansas LLC in Houston, TX
9111 North Fwy
Houston, TX 77037
Business Industry:
Automobile and Other Motor Vehicle Merchant Wholesalers
NAICS code 423110
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Male Owned
Veteran Status: Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 2 other businesses that received a PPP loan registered to the same address as Doggett Freightliner Of Arkansas LLC.
Truck Enterprises, Inc
Specialized Freight (except Used Goods) Trucking, Local
Doggett Freightliner Of South Texas, LLC
Specialized Freight (except Used Goods) Trucking, Local
Similar Companies near Houston
In the Houston area, 12 businesses in the "Automobile and Other Motor Vehicle Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 155) and received an average PPP loan of $181,563 (compared to this company's $1.92M).
Similar Nearby Businesses Who Received PPP Funding:
Express Imports Inc
Houston, TX
Dubem Onyali
Houston, TX
C T K Supply Inc
Houston, TX
Isaac Guevara
Houston, TX
Tianfu International Inc
Houston, TX
Christopher Jones
Houston, TX
American Power Buying LLC
Houston, TX
J & F Auto Sales LLC
Houston, TX
Industry PPP Comparison Statistics
Nationwide, 9,731 businesses in the "Automobile and Other Motor Vehicle Merchant Wholesalers" industry received a total of $982.77M 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 9 employees, 94% lower than Doggett Freightliner Of Arkansas LLC's reported 155 employees, and received an average PPP loan of $100,993, 95% lower than this company's loan of $1.92M.
Doggett Freightliner Of Arkansas, LLC
Entity: Limited Liability Company (LLC)
Industry: Specialized Freight (except Used Goods) Trucking, Local
Location: Houston, TX
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•
Search All PPP Data
Doggett Freightliner Of Arkansas, LLC is a limited liability company (LLC) located at 9111 North Fwy in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $1,915,023.00 in April, 2020.
The company has reported itself as a male veteran owned business, and employed at least 174 people during the applicable loan loan period.
$
PPP Loan Information
Loan #5550787100
Loan Size:
Jobs Retained:
174Loan Approved:
2020-04-13Loan Status:
Paid in Full or ForgivenLender:
Gulf Capital BankDoggett Freightliner Of Arkansas, LLC in Houston, TX received a Paycheck Protection Loan of $1.92M through Gulf Capital Bank, 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 May, 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, Doggett Freightliner Of Arkansas, LLC's 2019 payroll expenses are estimated to be at least $9.19M.
Based on their reported 174 jobs retained, this equals an estimated average yearly compensation of $52,828 per employee1
Reported PPP Proceed Usage:
On the PPP application, Doggett Freightliner Of Arkansas, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,915,023
Business Information - Doggett Freightliner Of Arkansas, LLC in Houston, TX
9111 North Fwy
Houston, TX 77037
Business Industry:
Specialized Freight (except Used Goods) Trucking, Local
NAICS code 484220
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Male Owned
Veteran Status: Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 2 other businesses that received a PPP loan registered to the same address as Doggett Freightliner Of Arkansas, LLC.
Truck Enterprises, Inc
Specialized Freight (except Used Goods) Trucking, Local
Doggett Freightliner Of South Texas, LLC
Specialized Freight (except Used Goods) Trucking, Local
Similar Companies near Houston
In the Houston area, 18 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 174) and received an average PPP loan of $364,933 (compared to this company's $1.92M).
Similar Nearby Businesses Who Received PPP Funding:
Move Sumthing
Houston, TX
Larnell Charles
Houston, TX
Pablo Escandon
Houston, TX
Osmani Serrano
Hoston, TX
Jeleta Garrett
Houston, TX
Alfredo Guzman
Houston, TX
Wilmer Gonzalez Dominguez
Houston, TX
Enris Andrade
Houston, TX
Jose Ventura
Houston, TX
Industry PPP Comparison Statistics
Nationwide, 30,241 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a total of $2.02B 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 6 employees, 97% lower than Doggett Freightliner Of Arkansas, LLC's reported 174 employees, and received an average PPP loan of $66,768, 97% lower than this company's loan of $1.92M.
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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