PPP Loan Data — OIL Stop LLC, Petaluma, CA
OIL Stop LLC is a limited liability company (LLC) located at 5330 Old Redwood Hwy in Petaluma, California that received a Coronavirus-related PPP loan from the SBA of $2,442,500.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
OIL Stop LLC in Petaluma, CA received a Paycheck Protection Loan of $2.44M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, OIL Stop LLC's total 2019 payroll expenses were approximately $11.72M in order to qualify for the PPP loan amount received.
Based on their reported 218 jobs retained, this equals an estimated average yearly compensation of $53,780 per employee1.
Business Information - OIL Stop LLC in Petaluma, CA
5330 Old Redwood Hwy
Petaluma, CA 94954
Automotive Oil Change and Lubrication Shops (NAICS code 811191)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-02
Industry PPP Comparison Statistics
Nationwide, 2,643 businesses in the "Automotive Oil Change and Lubrication Shops" industry received a total of $237,744,094.00 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 11 employees, 95% lower than OIL Stop LLC's reported 218 employees, and received an average PPP loan of $89,952, 96% lower than this company's loan of $2.44M.
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Footnotes & Information
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