PPP Loan Data — ABC Pest Control, Inc., Of Austin, Austin, TX
ABC Pest Control, Inc., Of Austin is a subchapter s corporation located at 9475 E. Highway 290 in Austin, Texas that received a Coronavirus-related PPP loan from the SBA of $7,528,470.00 in April, 2020.
$ PPP Loan Information
Lender:TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
ABC Pest Control, Inc., Of Austin in Austin, TX received a Paycheck Protection Loan of $7.53M through TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, ABC Pest Control, Inc., Of Austin's total 2019 payroll expenses were approximately $36.14M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $72,273 per employee1.
Business Information - ABC Pest Control, Inc., Of Austin in Austin, TX
9475 E. Highway 290
Austin, TX 78724
Exterminating and Pest Control Services (NAICS code 561710)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-35
Similar Companies near Austin
In the Austin area, 4 businesses in the "Exterminating and Pest Control Services" industry received a PPP loan. These local businesses reported an average of 168 employees (compared to this company's 500) and received an average PPP loan of $2,347,856 (compared to this company's $7.53M).
Similar Nearby Businesses Who Received PPP Funding:
Jenkins Services Inc.
ABC Pest And Lawn Services Of San Antonio, Inc.
ABC Pest Control Of College Station, Inc.
Industry PPP Comparison Statistics
Nationwide, 7,394 businesses in the "Exterminating and Pest Control Services" industry received a total of $589,757,179.00 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, 98% lower than ABC Pest Control, Inc., Of Austin's reported 500 employees, and received an average PPP loan of $79,762, 99% lower than this company's loan of $7.53M.
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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