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PPP Loan Data — Tatonduk Outfitters LTD,
Fairbanks, AK
Tatonduk Outfitters LTD
Entity: Subchapter S Corporation
Industry: Nonscheduled Chartered Passenger Air Transportation
Location: Fairbanks, AK
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Tatonduk Outfitters LTD is a subchapter s corporation located at 5525 Airport Industrial Rd. in Fairbanks, Alaska that received a Coronavirus-related PPP loan from the SBA of $4,277,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 336 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
336Loan Approved:
2020-04-11Lender:
KEYBANK NATIONAL ASSOCIATIONTatonduk Outfitters LTD received a Paycheck Protection Loan of $4.28M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tatonduk Outfitters LTD's total 2019 payroll expenses were approximately $20.53M in order to qualify for the PPP loan amount received.
Based on their reported 336 jobs retained, this equals an estimated average yearly compensation of $61,100 per employee1.
Business Information - Tatonduk Outfitters LTD in Fairbanks, AK
5525 Airport Industrial Rd.
Fairbanks, AK 99709
Business Industry
Nonscheduled Chartered Passenger Air Transportation (NAICS code 481211)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: AK-Similar Companies near Fairbanks
In the Fairbanks area, 4 businesses in the "Nonscheduled Chartered Passenger Air Transportation" industry received a PPP loan. These local businesses reported an average of 85 employees (compared to this company's 336) and received an average PPP loan of $1,079,838 (compared to this company's $4.28M).
Similar Nearby Businesses Who Received PPP Funding:
Trinity Air, Inc
Fairbanks, AK
Tundra LTD
Fairbanks, AK
Shadow Aviation Inc
Fairbanks, AK
Industry PPP Comparison Statistics
Nationwide, 731 businesses in the "Nonscheduled Chartered Passenger Air Transportation" industry received a total of $238,649,021.00 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 20 employees, 94% lower than Tatonduk Outfitters LTD's reported 336 employees, and received an average PPP loan of $326,469, 92% lower than this company's loan of $4.28M.
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.
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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