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PPP Loan Data — Cenergistic LLC, Dallas, TX

SBA PPP loan data, payroll data, and salaries for Cenergistic LLC
TX

Cenergistic LLC

Entity: Limited Liability Company (LLC)

Industry: Other Scientific and Technical Consulting Services

Location: Dallas, TX

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Cenergistic LLC is a limited liability company (LLC) located at 5950 Sherry Ln Ste 900 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $5,644,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.64M

Jobs Retained:

280

Loan Approved:

2020-04-28

Lender:

CROSSFIRST BANK

Cenergistic LLC received a Paycheck Protection Loan of $5.64M through CROSSFIRST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Cenergistic LLC's total 2019 payroll expenses were approximately $27.09M in order to qualify for the PPP loan amount received.

Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $96,765 per employee1.

Because the loan received by Cenergistic LLC 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 - Cenergistic LLC in Dallas, TX

Cenergistic LLC
5950 Sherry Ln Ste 900
Dallas, TX 75225

Business Industry

Other Scientific and Technical Consulting Services (NAICS code 541690)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-32

Similar Companies near Dallas

In the Dallas area, 6 businesses in the "Other Scientific and Technical Consulting Services" industry received a PPP loan. These local businesses reported an average of 49 employees (compared to this company's 280) and received an average PPP loan of $976,562 (compared to this company's $5.64M).

Industry PPP Comparison Statistics

Nationwide, 14,293 businesses in the "Other Scientific and Technical Consulting Services" industry received a total of $1,499,073,773.00 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 7 employees, 98% lower than Cenergistic LLC's reported 280 employees, and received an average PPP loan of $104,882, 98% lower than this company's loan of $5.64M.

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.

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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/cenergistic-llc-dallas-tx