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PPP Loan Data — Updike Distribution Logistics, LLC, Phoenix, AZ

SBA PPP loan data, payroll data, and salaries for Updike Distribution Logistics, LLC

Updike Distribution Logistics, LLC

Entity: Limited Liability Company (LLC)

Industry: Freight Transportation Arrangement

Location: Phoenix, AZ

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Updike Distribution Logistics, LLC is a limited liability company (LLC) located at 435 South 59th Ave in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $3,930,855.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Updike Distribution Logistics, LLC in Phoenix, AZ received a Paycheck Protection Loan of $3.93M through FIRST FIDELITY BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Updike Distribution Logistics, LLC's total 2019 payroll expenses were approximately $18.87M in order to qualify for the PPP loan amount received.

Based on their reported 414 jobs retained, this equals an estimated average yearly compensation of $45,575 per employee1.

Because the loan received by Updike Distribution Logistics, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Updike Distribution Logistics, LLC in Phoenix, AZ

Updike Distribution Logistics, LLC
435 South 59th Ave
Phoenix, AZ 85043

Business Industry

Freight Transportation Arrangement (NAICS code 488510)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AZ-07

Similar Companies near Phoenix

In the Phoenix area, 8 businesses in the "Freight Transportation Arrangement" industry received a PPP loan. These local businesses reported an average of 95 employees (compared to this company's 414) and received an average PPP loan of $722,960 (compared to this company's $3.93M).

Industry PPP Comparison Statistics

Nationwide, 10,632 businesses in the "Freight Transportation Arrangement" industry received a total of $1,273,457,640.00 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 10 employees, 98% lower than Updike Distribution Logistics, LLC's reported 414 employees, and received an average PPP loan of $119,776, 97% lower than this company's loan of $3.93M.

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, and is published unmodified, as provided by the SBA.

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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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