PPP Loan Data — Bravo Technical Resources, Inc., Dallas, TX
Bravo Technical Resources, Inc. is a subchapter s corporation located at 4835 Lyndon B Johnson Fwy, Ste. 1000 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $2,545,000.00 in April, 2020.
$ PPP Loan Information
Bravo Technical Resources, Inc. received a Paycheck Protection Loan of $2.55M through FROST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bravo Technical Resources, Inc.'s total 2019 payroll expenses were approximately $12.22M in order to qualify for the PPP loan amount received.
Based on their reported 174 jobs retained, this equals an estimated average yearly compensation of $70,207 per employee1.
Business Information - Bravo Technical Resources, Inc. in Dallas, TX
4835 Lyndon B Johnson Fwy, Ste. 1000
Dallas, TX 75244
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-24
Similar Companies near Dallas
In the Dallas area, 12 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 94 employees (compared to this company's 174) and received an average PPP loan of $861,670 (compared to this company's $2.55M).
Similar Nearby Businesses Who Received PPP Funding:
American Trades Contracting & Consulting, LLC
Imprimis Group, Inc.
Compass Technology Group, LLC
Simptemp Staffing Solutions
Wildcat Search Group LLC
D-Skilled Staffing, LLC
Focus Staff Services LP
A List Apartment Staffing Inc
Industry PPP Comparison Statistics
Nationwide, 7,294 businesses in the "Employment Placement Agencies" industry received a total of $2,648,453,106.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 78% lower than Bravo Technical Resources, Inc.'s reported 174 employees, and received an average PPP loan of $363,100, 86% lower than this company's loan of $2.55M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!