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PPP Loan Data — Dunn Tire LLC,
Buffalo, NY
Dunn Tire LLC
Entity: Limited Liability Company (LLC)
Industry: Tire Dealers
Location: Buffalo, NY
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Dunn Tire LLC is a limited liability company (LLC) located at 475 Cayuga Road in Buffalo, New York that received a Coronavirus-related PPP loan from the SBA of $4,209,074.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
450Loan Approved:
2020-04-13Lender:
KEYBANK NATIONAL ASSOCIATIONDunn Tire LLC in Buffalo, NY received a Paycheck Protection Loan of $4.21M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Dunn Tire LLC's total 2019 payroll expenses were approximately $20.2M in order to qualify for the PPP loan amount received.
Based on their reported 450 jobs retained, this equals an estimated average yearly compensation of $44,897 per employee1.
Business Information - Dunn Tire LLC in Buffalo, NY
475 Cayuga Road
Buffalo, NY 14225
Business Industry
Tire Dealers (NAICS code 441320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-26Similar Companies near Buffalo
In the Buffalo area, 2 businesses in the "Tire Dealers" industry received a PPP loan. These local businesses reported an average of 227 employees (compared to this company's 450) and received an average PPP loan of $2,118,523 (compared to this company's $4.21M).
Similar Nearby Businesses Who Received PPP Funding:
Falkner's Auto Service Inc.
Buffalo, NY
Industry PPP Comparison Statistics
Nationwide, 5,869 businesses in the "Tire Dealers" industry received a total of $664,120,532.00 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 11 employees, 98% lower than Dunn Tire LLC's reported 450 employees, and received an average PPP loan of $113,157, 97% lower than this company's loan of $4.21M.
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.
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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