FederalPay.org
PPP Loan Data — Kndrs LLC,
American Fork, UT
Kndrs LLC
Entity: Limited Liability Company (LLC)
Industry: Limited-Service Restaurants
Location: American Fork, UT
Tweet This
•
Search All PPP Data
Kndrs LLC is a limited liability company (LLC) located at 971 South Automall Drive in American Fork, Utah that received a Coronavirus-related PPP loan from the SBA of $6,686,200.00 in April, 2020.
The company has reported itself as a White male owned business.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-11Lender:
COMMUNITY BANKS OF COLORADO, A DIVISION OFKndrs LLC in American Fork, UT received a Paycheck Protection Loan of $6.69M through COMMUNITY BANKS OF COLORADO, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kndrs LLC's total 2019 payroll expenses were approximately $32.09M in order to qualify for the PPP loan amount received.
Unlike most businesses, Kndrs LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Kndrs LLC in American Fork, UT
971 South Automall Drive
American Fork, UT 84003
Business Industry
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: UT-03Similar Companies near American Fork
In the American Fork area, 15 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 44 employees (compared to this company's 0) and received an average PPP loan of $574,924 (compared to this company's $6.69M).
Similar Nearby Businesses Who Received PPP Funding:
Harris & Tenney LLC
American Fork, UT
Cubby's, LLC
American Fork, UT
Haku Japanese Restaurant Inc
American Fork, UT
CLE American Fork, Ut, LLC
American Fork, UT
Escalating Inc
American Fork, UT
High Five Rox LLC
American Fork, UT
Pier 49 Pizza, Inc
American Fork, UT
421 Events LLC
American Fork, UT
Industry PPP Comparison Statistics
Nationwide, 79,996 businesses in the "Limited-Service Restaurants" industry received a total of $9,671,819,152.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, and received an average PPP loan of $120,904, 98% lower than this company's loan of $6.69M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!