PPP Loan Data — Cimarron Software Services, Inc., Houston, TX
Cimarron Software Services, Inc. is a corporation located at 18050 Saturn Ln Ste 280 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $4,536,200.00 in April, 2020.
$ PPP Loan Information
Cimarron Software Services, Inc. received a Paycheck Protection Loan of $4.54M through FROST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Cimarron Software Services, Inc.'s total 2019 payroll expenses were approximately $21.77M in order to qualify for the PPP loan amount received.
Based on their reported 219 jobs retained, this equals an estimated average yearly compensation of $99,424 per employee1.
Business Information - Cimarron Software Services, Inc. in Houston, TX
18050 Saturn Ln Ste 280
Houston, TX 77058
Custom Computer Programming Services (NAICS code 541511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-36
Similar Companies near Houston
In the Houston area, 19 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 219) and received an average PPP loan of $516,919 (compared to this company's $4.54M).
Similar Nearby Businesses Who Received PPP Funding:
Techlance Solutions Inc
Lucido Group LLC
Tietronix Software Inc
Launch In 2 Days LLC
El Systems Corp
Crocodile Digital Corporation
Mergen It LLC
PC Logic Inc
Industry PPP Comparison Statistics
Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 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 11 employees, 95% lower than Cimarron Software Services, Inc.'s reported 219 employees, and received an average PPP loan of $200,633, 96% lower than this company's loan of $4.54M.
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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