PPP Loan Data — Axon Employee Holdings, Inc., Houston, TX
Axon Employee Holdings, Inc.
Location: Houston, TXTweet This • Search All PPP Data
Axon Employee Holdings, Inc. is a corporation located at 8909 Jackrabbit Rd in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $2,432,500.00 in April, 2020.
$ PPP Loan Information
Lender:BOKF, NATIONAL ASSOCIATION
Axon Employee Holdings, Inc. received a Paycheck Protection Loan of $2.43M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Axon Employee Holdings, Inc.'s total 2019 payroll expenses were approximately $11.68M in order to qualify for the PPP loan amount received.
Based on their reported 137 jobs retained, this equals an estimated average yearly compensation of $85,226 per employee1.
Business Information - Axon Employee Holdings, Inc. in Houston, TX
8909 Jackrabbit Rd
Houston, TX 77086
Oil and Gas Field Machinery and Equipment Manufacturing (NAICS code 333132)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-18
Similar Companies near Houston
In the Houston area, 9 businesses in the "Oil and Gas Field Machinery and Equipment Manufacturing" industry received a PPP loan. These local businesses reported an average of 42 employees (compared to this company's 137) and received an average PPP loan of $621,909 (compared to this company's $2.43M).
Similar Nearby Businesses Who Received PPP Funding:
Maxwell Bailer Corp
Steel Goode Products, LLC
BCP Group Artificial Lift Inc
American Block Company
Wolverine Oilfield Technologies, LLC
Omega Equipment LLC
G & R Oilfield Supply
Industry PPP Comparison Statistics
Nationwide, 893 businesses in the "Oil and Gas Field Machinery and Equipment Manufacturing" industry received a total of $361,454,588.00 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 25 employees, 82% lower than Axon Employee Holdings, Inc.'s reported 137 employees, and received an average PPP loan of $404,764, 83% lower than this company's loan of $2.43M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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