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PPP Loan Data — DWL Holdings, LLC, Reserve, LA

SBA PPP loan data, payroll data, and salaries for DWL Holdings, LLC

DWL Holdings, LLC

Entity: Limited Liability Company (LLC)

Industry: Crude Petroleum Extraction 

Location: Reserve, LA

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DWL Holdings, LLC is a limited liability company (LLC) located at 711 W Tenth St in Reserve, Louisiana that received a Coronavirus-related PPP loan from the SBA of $2,454,045.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




DWL Holdings, LLC in Reserve, LA received a Paycheck Protection Loan of $2.45M through GULF CAPITAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, DWL Holdings, LLC's total 2019 payroll expenses were approximately $11.78M in order to qualify for the PPP loan amount received.

Based on their reported 150 jobs retained, this equals an estimated average yearly compensation of $78,529 per employee1.

Because the loan received by DWL Holdings, 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 - DWL Holdings, LLC in Reserve, LA

DWL Holdings, LLC
711 W Tenth St
Reserve, LA 70084

Business Industry

Crude Petroleum Extraction  (NAICS code 211120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: LA-02

Industry PPP Comparison Statistics

Nationwide, 2,633 businesses in the "Crude Petroleum Extraction " industry received a total of $383,891,055.00 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 8 employees, 95% lower than DWL Holdings, LLC's reported 150 employees, and received an average PPP loan of $145,800, 94% lower than this company's loan of $2.45M.

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.

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** This Document Provided By - The Civil Employee's Resource **