PPP Loan Data — Two Creek Land & Livestock, LLC, Douglas, WY
Two Creek Land & Livestock, LLC is a limited liability company (LLC) located at 800 Esterbrook Road in Douglas, Wyoming that received a Coronavirus-related PPP loan from the SBA of $25,165.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Lusk State Bank
Two Creek Land & Livestock, LLC in Douglas, WY received a Paycheck Protection Loan of $25,165 through Lusk State Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in December, 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, Two Creek Land & Livestock, LLC's 2019 payroll expenses are estimated to be at least $120,792.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,132 per employee1
Reported PPP Proceed Usage:
On the PPP application, Two Creek Land & Livestock, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,165
Business Information - Two Creek Land & Livestock, LLC in Douglas, WY
800 Esterbrook Road
Douglas, WY 82633
Beef Cattle Ranching and Farming
NAICS code 112111
Business Owner Demographics
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Douglas
In the Douglas area, 115 businesses in the "Beef Cattle Ranching and Farming" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 6) and received an average PPP loan of $20,625 (compared to this company's $25,165).
Similar Nearby Businesses Who Received PPP Funding:
Ogalalla Ranch Company, LLC
Scott Ranches Limited Liability Company
T3 Ranch, LLC
Z Lazy Y Ranch, LLC
Industry PPP Comparison Statistics
Nationwide, 215,770 businesses in the "Beef Cattle Ranching and Farming" industry received a total of $2.8B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 1 employees, 83% lower than Two Creek Land & Livestock, LLC's reported 6 employees, and received an average PPP loan of $12,970, 48% lower than this company's loan of $25,165.
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Footnotes & Information
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