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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 at 780 Robbins Ave 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 Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-05-12Lender:
REGENT BANKLIL Dragon Industries LLC received a Paycheck Protection Loan of $6,400 through REGENT BANK, which was approved in May, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, LIL Dragon Industries LLC's total 2019 payroll expenses were approximately $30,720 in order to qualify for the PPP loan amount received.
Unlike most businesses, LIL Dragon Industries 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 - LIL Dragon Industries LLC in Idaho Falls, ID
780 Robbins Ave
Idaho Falls, ID 83401
Business Industry
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: ID-02Similar Companies near Idaho Falls
In the Idaho Falls area, 12 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 0) and received an average PPP loan of $403,323 (compared to this company's $6,400).
Similar Nearby Businesses Who Received PPP Funding:
Purple Sage Trucking LLC
Idaho Falls, ID
Doug Andrus Distributing LLC
Idaho Falls, ID
Pocono Coast, LLC
Idaho Falls, ID
Golden Crest, Inc.
Idaho Falls, ID
Morrow Express LLC
Idaho Falls, ID
JEG Trucking LLC
Idaho Falls, ID
Western Transport Inc
Idaho Falls, ID
Wade Ellis Trucking, LLC
Idaho Falls, ID
Torres & Sons, LLC
Idaho Falls, ID
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, and received an average PPP loan of $80,292, 1155% 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. 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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