PPP Loan Data — DTL Auto Parts LLC, Sacramento, CA
DTL Auto Parts LLC
Entity: Limited Liability Company (LLC)
Location: Sacramento, CATweet This • Search All PPP Data
DTL Auto Parts LLC is a limited liability company (LLC) located at 6945 Power Inn Road Suite A in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $24,847.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cross River Bank
DTL Auto Parts LLC in Sacramento, CA received a Paycheck Protection Loan of $24,847 through Cross River Bank, which was approved in April, 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, DTL Auto Parts LLC's 2019 payroll expenses are estimated to be at least $119,266.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $23,853 per employee1
Reported PPP Proceed Usage:
On the PPP application, DTL Auto Parts LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,847
Business Information - DTL Auto Parts LLC in Sacramento, CA
6945 Power Inn Road Suite A
Sacramento, CA 95828
Automobile and Other Motor Vehicle Merchant Wholesalers
NAICS code 423110
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Sacramento
In the Sacramento area, 5 businesses in the "Automobile and Other Motor Vehicle Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 5) and received an average PPP loan of $29,573 (compared to this company's $24,847).
Similar Nearby Businesses Who Received PPP Funding:
A & J Friends Inc
SOK Thea Tin
Industry PPP Comparison Statistics
Nationwide, 10,057 businesses in the "Automobile and Other Motor Vehicle Merchant Wholesalers" industry received a total of $989.93M 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, 80% higher than DTL Auto Parts LLC's reported 5 employees, and received an average PPP loan of $98,432, 296% higher than this company's loan of $24,847.
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