PPP Loan Data — Prompt Delivery, Inc., Los Angeles, CA
Prompt Delivery, Inc. is a subchapter s corporation located at 5757 Wilshire Blvd Suite 3 in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $2,765,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 430 people during the applicable loan loan period.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Prompt Delivery, Inc. received a Paycheck Protection Loan of $2.77M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Prompt Delivery, Inc.'s total 2019 payroll expenses were approximately $13.27M in order to qualify for the PPP loan amount received.
Based on their reported 430 jobs retained, this equals an estimated average yearly compensation of $30,865 per employee1.
Business Information - Prompt Delivery, Inc. in Los Angeles, CA
5757 Wilshire Blvd Suite 3
Los Angeles, CA 90036
Aircraft Engine and Engine Parts Manufacturing (NAICS code 336412)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-33
Industry PPP Comparison Statistics
Nationwide, 449 businesses in the "Aircraft Engine and Engine Parts Manufacturing" industry received a total of $220,243,418.00 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 32 employees, 93% lower than Prompt Delivery, Inc.'s reported 430 employees, and received an average PPP loan of $490,520, 82% lower than this company's loan of $2.77M.
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Footnotes & Information
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