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Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased 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).

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Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above.Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs.

This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received. Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received.

SES - Senior Executive Service Pay Calculatorįor Dexter Trading, Inc, the calculation used to estimate payroll costs is shown below:.

FWS - Federal Wage System Pay Calculator.

Trailer Life Magazine readers have voted the Equal-i-zer as America’s Favorite Hitch since 2012. is still run by President and CEO Jed Anderson, along with Elliott, Mauerman and Binks, all of whom are trailer owners and avid towers. 1 product is the e2 Hitch, though the Equal-i-zer remains the company’s best seller. started its Fastway Trailer Products division to create easier experiences for RVers, boaters, ATVers, farmers and those who work in construction. Once Equal-i-zer established itself locally and could start growing into different markets, Progress Mfg. On the company’s 20 th anniversary, they moved to Provo, Utah, and became Progress Mfg. Weeks later, they closed the deal and celebrated by working, still in Majestic Metals’ back room. He hired Rich Elliott in 1996 to keep the books and start a marketing team, Kenny Mauerman in 1997 to lead manufacturing and Josh Binks in 2000 to implement a better accounting system.Ī year after Binks was hired, he and Anderson, Elliott and Mauerman made an offer to buy Lindon Hitch. A nephew of the most-recent owner, Anderson graduated college in 1994 and was ready to turn the company around.

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One investor, Bob Patch, owned Majestic Metals, where he allowed Lindon Hitch to manufacture the Equal-i-zer in his factory’s back room.Īfter surviving in Majestic Metals for 8 years with a few employees working in their free time, Jed Anderson began the company’s return to success. The following year, new investors moved the company 36 miles away to Lindon, Utah, renaming it Lindon Hitch.

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In 1980, Hedgepeth sold Mobile Manufacturing to a local land developer, though he maintained company ownership until 1983. 2016 Dexter Torsion Axles, 4 great tires, A no leak shell, no window or door leaks Every window, door, rivet, skin seam and weather seal rubber gasket has. Every one of the Clipper Ultra-Lite travel trailers by Coachmen RV provides a smooth tow with the Norco NXG chassis, a Dexter E-Z lube axle, and an aerodynamic front profile With the 'Camping Made Easy' package, you will enjoy convenient features like the USB ports, the prep for a back-up camera, and the prep for solar power. That all changed with the 19 oil embargoes that reshaped the travel trailer and RV industries. As Equal-i-zer sales doubled every year from 1965 to 1968, Hedgepeth created the Equal-i-zer Sales Corporation division to oversee growth. If you visit Salt Lake City come in and see us wed love to show you around Give us a call 80 on the web www. was built upon a continued legacy of character and hard work. In 1951, Hedgepeth received the patent for his first product, the Equal-i-zer, and he officially started Mobile Manufacturing. From humble beginnings we started with just a few pieces of equipment to hundreds Equipment Sales Inc. Inc., has undergone several name adjustments and changes in ownership.Įd Hedgepeth started tinkering with tow dollies in 1945, selling his products to travel trailer owners in Salt Lake City, Utah. Though it has been a patented product for more than 50 years, the Equal-i-zer’s company, Progress Mfg. The Equal-i-zer® has kept on-road towers safe for 75 years and is the oldest sway control hitch in America.