PPP Loan Data — Zoot Enterprises Inc,
Bozeman, MT
Zoot Enterprises Inc
Entity: Corporation
Industry: Financial Transactions Processing, Reserve, and Clearinghouse Activities
Location: Bozeman, MT

Zoot Enterprises Inc is a corporation located at 555 Zoot Enterprises Ln in Bozeman, Montana that received a Coronavirus-related PPP loan from the SBA of $5,006,200.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 278 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
278Loan Approved:
2020-04-03Lender:
STOCKMAN BANK OF MONTANAZoot Enterprises Inc in Bozeman, MT received a Paycheck Protection Loan of $5.01M through STOCKMAN BANK OF MONTANA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Zoot Enterprises Inc's total 2019 payroll expenses were approximately $24.03M in order to qualify for the PPP loan amount received.
Based on their reported 278 jobs retained, this equals an estimated average yearly compensation of $86,438 per employee1.
Business Information - Zoot Enterprises Inc in Bozeman, MT
555 Zoot Enterprises Ln
Bozeman, MT 59718
Business Industry
Financial Transactions Processing, Reserve, and Clearinghouse Activities (NAICS code 522320)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: Unreported
Veteran Status: Unreported
Congressional District: MT-Industry PPP Comparison Statistics
Nationwide, 2,295 businesses in the "Financial Transactions Processing, Reserve, and Clearinghouse Activities" industry received a total of $244,861,474.00 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 8 employees, 97% lower than Zoot Enterprises Inc's reported 278 employees, and received an average PPP loan of $106,693, 98% lower than this company's loan of $5.01M.
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.
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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