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PPP Loan Data — LIL Dragon Industries LLC,
Idaho Falls, ID
LIL Dragon Industries LLC
Entity: Limited Liability Company (LLC)
Industry: General Freight Trucking, Long-Distance, Truckload
Location: Idaho Falls, ID
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LIL Dragon Industries LLC is a limited liability company (LLC) located in Idaho Falls, Idaho that received a Coronavirus-related PPP loan from the SBA of $6,400.00 in May, 2020.
$
PPP Loan Information
Loan #5596017403
Loan Size:
Jobs Retained:
1Loan Approved:
2020-05-12Loan Status:
Paid in Full or ForgivenLender:
Regent BankLIL Dragon Industries LLC in Idaho Falls, ID received a Paycheck Protection Loan of $6,400 through Regent Bank, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.
Reported PPP Proceed Usage:
On the PPP application, LIL Dragon Industries LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $4,782
- Rent: $1,618
Business Information - LIL Dragon Industries LLC in Idaho Falls, ID
Idaho Falls, ID
* Full address is redacted to protect the privacy of individuals.
Business Industry:
General Freight Trucking, Long-Distance, Truckload
NAICS code 484121
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Idaho Falls
In the Idaho Falls area, 14 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 1) and received an average PPP loan of $347,591 (compared to this company's $6,400).
Similar Nearby Businesses Who Received PPP Funding:
Morrow Express LLC
Idaho Falls, ID
Western Transport Inc
Idaho Falls, ID
Abel Ramirez
Idaho Falls, ID
Torres & Sons, LLC
Idaho Falls, ID
Purple Sage Trucking LLC
Idaho Falls, ID
M&E Transport LLC
Idaho Falls, ID
Alex Kendall
Idaho Falls, ID
JEG Trucking LLC
Idaho Falls, ID
Doug Andrus Distributing LLC
Idaho Falls, ID
Industry PPP Comparison Statistics
Nationwide, 67,342 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $3.7B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 5 employees, 400% higher than LIL Dragon Industries LLC's reported 1 employees, and received an average PPP loan of $55,017, 760% higher than this company's loan of $6,400.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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