PPP Loan Data — EVO Transportation & Energy Services, Inc., Phoenix, AZ
EVO Transportation & Energy Services, Inc. is a corporation located at 2075 West Pinnacle Peak Rd. in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BOKF, NATIONAL ASSOCIATION
EVO Transportation & Energy Services, Inc. in Phoenix, AZ received a Paycheck Protection Loan of $10M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, EVO Transportation & Energy Services, Inc.'s total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - EVO Transportation & Energy Services, Inc. in Phoenix, AZ
2075 West Pinnacle Peak Rd.
Phoenix, AZ 85027
Freight Transportation Arrangement (NAICS code 488510)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: AZ-06
Similar Companies near Phoenix
In the Phoenix area, 4 businesses in the "Freight Transportation Arrangement" industry received a PPP loan. These local businesses reported an average of 130 employees (compared to this company's 500) and received an average PPP loan of $2,558,232 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Impact Diversity Solutions Corporation
Distributors Transport Inc
Industry PPP Comparison Statistics
Nationwide, 10,632 businesses in the "Freight Transportation Arrangement" industry received a total of $1,273,457,640.00 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 10 employees, 98% lower than EVO Transportation & Energy Services, Inc.'s reported 500 employees, and received an average PPP loan of $119,776, 99% lower than this company's loan of $10M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!