PPP Loan Data — DWL Holdings, LLC, Reserve, LA
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
Lender:GULF CAPITAL BANK
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.
Business Information - DWL Holdings, LLC in Reserve, LA
711 W Tenth St
Reserve, LA 70084
Crude Petroleum Extraction (NAICS code 211120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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.
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Footnotes & Information
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