PPP Loan Data — SL & Dm Delivery Services Corp, Portland, ME
SL & Dm Delivery Services Corp
Location: Portland, METweet This • Search All PPP Data
SL & Dm Delivery Services Corp is a corporation located at 2015 Congress St. in Portland, Maine that received a Coronavirus-related PPP loan from the SBA of $1,851,400.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:KeyBank National Association
SL & Dm Delivery Services Corp in Portland, ME received a Paycheck Protection Loan of $1.85M through KeyBank National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, SL & Dm Delivery Services Corp's 2019 payroll expenses are estimated to be at least $8.89M.
Based on their reported 176 jobs retained, this equals an estimated average yearly compensation of $50,493 per employee1
Reported PPP Proceed Usage:
On the PPP application, SL & Dm Delivery Services Corp reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,851,400
Business Information - SL & Dm Delivery Services Corp in Portland, ME
2015 Congress St.
Portland, ME 4102
Process, Physical Distribution, and Logistics Consulting Services
NAICS code 541614
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 10,517 businesses in the "Process, Physical Distribution, and Logistics Consulting Services" industry received a total of $920.57M 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 8 employees, 95% lower than SL & Dm Delivery Services Corp's reported 176 employees, and received an average PPP loan of $87,532, 95% lower than this company's loan of $1.85M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!