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PPP Loan Data — Dynamic Transit Company,
Saint Louis, MO
Dynamic Transit Company
Entity: Subchapter S Corporation
Industry: General Freight Trucking, Long-Distance, Truckload
Location: Saint Louis, MO
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Dynamic Transit Company is a subchapter s corporation located at Po Box 38219 in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,690,600.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
259Loan Approved:
2020-04-15Lender:
ENTERPRISE BANK & TRUSTDynamic Transit Company in Saint Louis, MO received a Paycheck Protection Loan of $2.69M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Dynamic Transit Company's total 2019 payroll expenses were approximately $12.91M in order to qualify for the PPP loan amount received.
Based on their reported 259 jobs retained, this equals an estimated average yearly compensation of $49,864 per employee1.
Business Information - Dynamic Transit Company in Saint Louis, MO
Po Box 38219
Saint Louis, MO 63138
Business Industry
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MO-01Similar Companies near Saint Louis
In the Saint Louis area, 10 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 259) and received an average PPP loan of $333,281 (compared to this company's $2.69M).
Similar Nearby Businesses Who Received PPP Funding:
Deremy Miller
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Colvin Carriers LLC
Saint Louis, MO
Jerry Greene Transport LLC
Saint Louis, MO
Samir Busuladzic
Saint Louis, MO
Roadside Trailer Service Inc.
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Rolling Thunder Inc
Saint Louis, MO
Unlimited Services In Transportation, Inc
Saint Louis, MO
Direct Direct Transportation LLC
Saint Louis, MO
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than Dynamic Transit Company's reported 259 employees, and received an average PPP loan of $80,292, 97% lower than this company's loan of $2.69M.
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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