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PPP Loan Data — Boutchantharaj Corporationdba Dfw Securi, Haltom City, TX

SBA PPP loan data, payroll data, and salaries for Boutchantharaj Corporationdba Dfw Securi
TX

Boutchantharaj Corporationdba Dfw Securi

Entity: Subchapter S Corporation

Industry: Unknown

Location: Haltom City, TX

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Boutchantharaj Corporationdba Dfw Securi is a subchapter s corporation located at 5705 Airport Fwy in Haltom City, Texas that received a Coronavirus-related PPP loan from the SBA of $4,847,437.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$4.85M

Jobs Retained:

487

Loan Approved:

2020-05-01

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Boutchantharaj Corporationdba Dfw Securi in Haltom City, TX received a Paycheck Protection Loan of $4.85M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Boutchantharaj Corporationdba Dfw Securi's total 2019 payroll expenses were approximately $23.27M in order to qualify for the PPP loan amount received.

Based on their reported 487 jobs retained, this equals an estimated average yearly compensation of $47,778 per employee1.

Because the loan received by Boutchantharaj Corporationdba Dfw Securi is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Boutchantharaj Corporationdba Dfw Securi in Haltom City, TX

Boutchantharaj Corporationdba Dfw Securi
5705 Airport Fwy
Haltom City, TX 76117

Business Industry

Unknown (NAICS code 0)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-12

Similar Companies near Haltom City

In the Haltom City area, 1,629 businesses in the "Unknown" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 487) and received an average PPP loan of $129,010 (compared to this company's $4.85M).

Industry PPP Comparison Statistics

Nationwide, 5,156,850 businesses in the "Unknown" industry received a total of $522,949,858,572.00 in PPP loans. These businesses account for 100% of total PPP applications submitted, and received 100% of the total PPP funding allocated.

PPP recipients in this industry report an average of 10 employees, 98% lower than Boutchantharaj Corporationdba Dfw Securi's reported 487 employees, and received an average PPP loan of $101,409, 98% lower than this company's loan of $4.85M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/boutchantharaj-corporationdba-dfw-securi-haltom-city-tx