PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Dunn Tire LLC, Buffalo, NY

SBA PPP loan data, payroll data, and salaries for Dunn Tire LLC
NY

Dunn Tire LLC

Entity: Limited Liability Company (LLC)

Industry: Tire Dealers

Location: Buffalo, NY

Search All PPP Data

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:

$4.21M

Jobs Retained:

450

Loan Approved:

2020-04-13

Lender:

KEYBANK NATIONAL ASSOCIATION

Dunn 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.

Because the loan received by Dunn Tire 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 - Dunn Tire LLC in Buffalo, NY

Dunn Tire LLC
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-26

Similar 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

$27,972 PPP Loan

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/dunn-tire-llc-buffalo-ny