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PPP Loan Data — Dolan Northwest LLC, Portland, OR

SBA PPP loan data, payroll data, and salaries for Dolan Northwest LLC
OR

Dolan Northwest LLC

Entity: Limited Liability Company (LLC)

Industry: Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers

Location: Portland, OR

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Dolan Northwest LLC is a limited liability company (LLC) located at 1919 Nw 19th Ave in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,981,695.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 265 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.98M

Jobs Retained:

265

Loan Approved:

2020-04-10

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

Dolan Northwest LLC in Portland, OR received a Paycheck Protection Loan of $2.98M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Dolan Northwest LLC's total 2019 payroll expenses were approximately $14.31M in order to qualify for the PPP loan amount received.

Based on their reported 265 jobs retained, this equals an estimated average yearly compensation of $54,008 per employee1.

Because the loan received by Dolan Northwest 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 - Dolan Northwest LLC in Portland, OR

Dolan Northwest LLC
1919 Nw 19th Ave
Portland, OR 97209

Business Industry

Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers (NAICS code 423610)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: OR-01

Industry PPP Comparison Statistics

Nationwide, 4,322 businesses in the "Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers" industry received a total of $994,969,830.00 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 15 employees, 94% lower than Dolan Northwest LLC's reported 265 employees, and received an average PPP loan of $230,211, 92% lower than this company's loan of $2.98M.

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/dolan-northwest-llc-portland-or