PPP Loan Data — Breakwater Energy Partners, LLC, Houston, TX
Breakwater Energy Partners, LLC is a limited liability company (LLC) located at 8 Greenway Plaza, Suite # 1005 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $6,135,800.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Breakwater Energy Partners, LLC received a Paycheck Protection Loan of $6.14M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Breakwater Energy Partners, LLC's total 2019 payroll expenses were approximately $29.45M in order to qualify for the PPP loan amount received.
Based on their reported 302 jobs retained, this equals an estimated average yearly compensation of $97,523 per employee1.
Business Information - Breakwater Energy Partners, LLC in Houston, TX
8 Greenway Plaza, Suite # 1005
Houston, TX 77046
All Other Specialty Trade Contractors (NAICS code 238990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-07
Similar Companies near Houston
In the Houston area, 4 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 85 employees (compared to this company's 302) and received an average PPP loan of $1,644,447 (compared to this company's $6.14M).
Similar Nearby Businesses Who Received PPP Funding:
Nerie Construction LLC
Industry PPP Comparison Statistics
Nationwide, 44,474 businesses in the "All Other Specialty Trade Contractors" industry received a total of $5,068,221,395.00 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 9 employees, 97% lower than Breakwater Energy Partners, LLC's reported 302 employees, and received an average PPP loan of $113,959, 98% lower than this company's loan of $6.14M.
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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