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PPP Loan Data — JAS. D. Easton, Inc., Salt Lake City, UT

SBA PPP loan data, payroll data, and salaries for JAS. D. Easton, Inc.
UT

JAS. D. Easton, Inc.

Entity: Subchapter S Corporation

Industry: Sporting and Athletic Goods Manufacturing

Location: Salt Lake City, UT

Search All PPP Data

JAS. D. Easton, Inc. is a subchapter s corporation located at 2150 S 1300 E, Ste 450 in Salt Lake City, Utah that received a Coronavirus-related PPP loan from the SBA of $6,370,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$6.37M

Jobs Retained:

443

Loan Approved:

2020-04-08

Lender:

ZIONS BANK, A DIVISION OF

JAS. D. Easton, Inc. in Salt Lake City, UT received a Paycheck Protection Loan of $6.37M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.

Based on standard PPP eligibility rules, JAS. D. Easton, Inc.'s total 2019 payroll expenses were approximately $30.58M in order to qualify for the PPP loan amount received.

Based on their reported 443 jobs retained, this equals an estimated average yearly compensation of $69,020 per employee1.

Because the loan received by JAS. D. Easton, Inc. 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 - JAS. D. Easton, Inc. in Salt Lake City, UT

JAS. D. Easton, Inc.
2150 S 1300 E, Ste 450
Salt Lake City, UT 84106

Business Industry

Sporting and Athletic Goods Manufacturing (NAICS code 339920)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: UT-02

Similar Companies near Salt Lake City

In the Salt Lake City area, 2 businesses in the "Sporting and Athletic Goods Manufacturing" industry received a PPP loan. These local businesses reported an average of 229 employees (compared to this company's 443) and received an average PPP loan of $3,322,450 (compared to this company's $6.37M).

Similar Nearby Businesses Who Received PPP Funding:

Barebones Systems LLC
Slc, UT

$274,900 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,674 businesses in the "Sporting and Athletic Goods Manufacturing" industry received a total of $240,620,308.00 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 13 employees, 97% lower than JAS. D. Easton, Inc.'s reported 443 employees, and received an average PPP loan of $143,740, 98% lower than this company's loan of $6.37M.

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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/jas-d-easton-inc-salt-lake-city-ut