PPP Loan Data — Components Corporation Of America, Dallas, TX
Components Corporation Of America
Location: Dallas, TXTweet This • Search All PPP Data
Components Corporation Of America is a corporation located at 5950 Berkshire Ln in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $2,556,300.00 in April, 2020.
$ PPP Loan Information
Components Corporation Of America received a Paycheck Protection Loan of $2.56M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Components Corporation Of America's total 2019 payroll expenses were approximately $12.27M in order to qualify for the PPP loan amount received.
Based on their reported 156 jobs retained, this equals an estimated average yearly compensation of $78,655 per employee1.
Business Information - Components Corporation Of America in Dallas, TX
5950 Berkshire Ln
Dallas, TX 75225
Corporate, Subsidiary, and Regional Managing Offices (NAICS code 551114)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-32
Similar Companies near Dallas
In the Dallas area, 3 businesses in the "Corporate, Subsidiary, and Regional Managing Offices" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 156) and received an average PPP loan of $867,931 (compared to this company's $2.56M).
Similar Nearby Businesses Who Received PPP Funding:
Morriss Company, LLC
Bonaire Enterpirses LLC
Industry PPP Comparison Statistics
Nationwide, 1,588 businesses in the "Corporate, Subsidiary, and Regional Managing Offices" industry received a total of $300,626,226.00 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 17 employees, 89% lower than Components Corporation Of America's reported 156 employees, and received an average PPP loan of $189,311, 93% lower than this company's loan of $2.56M.
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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