PPP Loan Data — B/R Data, Inc, Plano, TX
B/R Data, Inc is a subchapter s corporation located at 6529 Preston Rd #100 in Plano, Texas that received a Coronavirus-related PPP loan from the SBA of $3,550,640.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
B/R Data, Inc in Plano, TX received a Paycheck Protection Loan of $3.55M through JPMorgan Chase Bank, National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based 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). In order to qualify for the PPP loan amount received, B/R Data, Inc's 2019 payroll expenses are estimated to be at least $17.04M.
Based on their reported 275 jobs retained, this equals an estimated average yearly compensation of $61,975 per employee1
Reported PPP Proceed Usage:
On the PPP application, B/R Data, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,175,641
- Health Care: $374,999
Business Information - B/R Data, Inc in Plano, TX
6529 Preston Rd #100
Plano, TX 75024
Residential Property Managers
NAICS code 531311
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Plano
In the Plano area, 19 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 275) and received an average PPP loan of $209,694 (compared to this company's $3.55M).
Similar Nearby Businesses Who Received PPP Funding:
Joyful Services USA LLC
Sunet Group LLC
EBG Commercial Management LLC
Plano Management Services Inc
Sunbird Custom Homes Inc
Sislan Holdings LLC
Lease North Texas
Industry PPP Comparison Statistics
Nationwide, 36,628 businesses in the "Residential Property Managers" industry received a total of $3.05B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 9 employees, 97% lower than B/R Data, Inc's reported 275 employees, and received an average PPP loan of $83,394, 98% lower than this company's loan of $3.55M.
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Footnotes & Information
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