PPP Loan Data — Kendall Dealership Holdings, LLC, Boise, ID
Kendall Dealership Holdings, LLC is a limited liability company (LLC) located at 8854 Emerald St in Boise, Idaho that received a Coronavirus-related PPP loan from the SBA of $3,501,600.00 in April, 2020.
$ PPP Loan Information
Kendall Dealership Holdings, LLC in Boise, ID received a Paycheck Protection Loan of $3.5M through UMPQUA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kendall Dealership Holdings, LLC's total 2019 payroll expenses were approximately $16.81M in order to qualify for the PPP loan amount received.
Based on their reported 332 jobs retained, this equals an estimated average yearly compensation of $50,626 per employee1.
Business Information - Kendall Dealership Holdings, LLC in Boise, ID
8854 Emerald St
Boise, ID 83704
Used Car Dealers (NAICS code 441120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: ID-02
Similar Companies near Boise
In the Boise area, 13 businesses in the "Used Car Dealers" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 332) and received an average PPP loan of $332,801 (compared to this company's $3.5M).
Similar Nearby Businesses Who Received PPP Funding:
JNG Auto Sales LLC
T&T Cars & Trucks
Boise Auto Group LLC
Kendall Management Group LLC
Boise West Equipment, LLC
Instant Equity Auto, LLC
Pacific Coast Car Company LLC
Z Auto Sales LLC
Industry PPP Comparison Statistics
Nationwide, 19,222 businesses in the "Used Car Dealers" industry received a total of $1,465,557,208.00 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 7 employees, 98% lower than Kendall Dealership Holdings, LLC's reported 332 employees, and received an average PPP loan of $76,244, 98% lower than this company's loan of $3.5M.
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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