PPP Loan Data — Wade S. Wynia Construction LLC, Dallas, OR
Wade S. Wynia Construction LLC is a limited liability company (LLC) located at 396 N Kings Valle Hwy in Dallas, Oregon that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Wade S. Wynia Construction LLC in Dallas, OR received a Paycheck Protection Loan of $25,000 through Citizens 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 April, 2021.
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, Wade S. Wynia Construction LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Wade S. Wynia Construction LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Wade S. Wynia Construction LLC in Dallas, OR
396 N Kings Valle Hwy
Dallas, OR 97338
NAICS code 236118
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dallas
In the Dallas area, 9 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 3) and received an average PPP loan of $32,293 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
REN Con Inc
DE Pike Construction, LLC
E & M Modeling LLC
E & M Remodeling, LLC
Industry PPP Comparison Statistics
Nationwide, 175,017 businesses in the "Residential Remodelers" industry received a total of $5.32B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, the same amount reported by Wade S. Wynia Construction LLC and received an average PPP loan of $30,405, 22% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!