PPP Loan Data — Austin Csi LLC, Plano, TX
Austin Csi LLC
Entity: Limited Liability Company (LLC)
Location: Plano, TXTweet This • Search All PPP Data
Austin Csi LLC is a limited liability company (LLC) located at 7950 Legacy Dr in Plano, Texas that received a Coronavirus-related PPP loan from the SBA of $2,710,300.00 in April, 2020.
The company has reported itself as an Asian male owned business, and employed at least 144 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Austin Csi LLC in Plano, TX received a Paycheck Protection Loan of $2.71M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Austin Csi LLC's total 2019 payroll expenses were approximately $13.01M in order to qualify for the PPP loan amount received.
Based on their reported 144 jobs retained, this equals an estimated average yearly compensation of $90,343 per employee1.
Business Information - Austin Csi LLC in Plano, TX
7950 Legacy Dr
Plano, TX 75024
Administrative Management and General Management Consulting Services (NAICS code 541611)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: MALE OWNED
Veteran Status: VETERANCongressional District: TX-03
Similar Companies near Plano
In the Plano area, 57 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 144) and received an average PPP loan of $137,172 (compared to this company's $2.71M).
Similar Nearby Businesses Who Received PPP Funding:
Haug Growth Group LLC
CEO Foundry LLC
MQ Ventures LLC
St Charles Consulting Group, LLC
Catalyst 1 Global, LLC
Skylink Solution Inc
Bottom 9 Consulting LLC
Industry PPP Comparison Statistics
Nationwide, 42,814 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $3,692,368,152.00 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 6 employees, 96% lower than Austin Csi LLC's reported 144 employees, and received an average PPP loan of $86,242, 97% lower than this company's loan of $2.71M.
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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