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PPP Loan Data — D & B Flowback LLC, Yorktown, TX

SBA PPP loan data, payroll data, and salaries for D & B Flowback LLC
TX

D & B Flowback LLC

Entity: Limited Liability Company (LLC)

Industry: Crude Petroleum Extraction 

Location: Yorktown, TX

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D & B Flowback LLC is a limited liability company (LLC) located at 507 E Main St in Yorktown, Texas that received a Coronavirus-related PPP loan from the SBA of $3,636,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.64M

Jobs Retained:

201

Loan Approved:

2020-04-15

Lender:

PROSPERITY BANK

D & B Flowback LLC received a Paycheck Protection Loan of $3.64M through PROSPERITY BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, D & B Flowback LLC's total 2019 payroll expenses were approximately $17.46M in order to qualify for the PPP loan amount received.

Based on their reported 201 jobs retained, this equals an estimated average yearly compensation of $86,842 per employee1.

Because the loan received by D & B Flowback 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 - D & B Flowback LLC in Yorktown, TX

D & B Flowback LLC
507 E Main St
Yorktown, TX 78164

Business Industry

Crude Petroleum Extraction  (NAICS code 211120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-34

Similar Companies near Yorktown

In the Yorktown area, 3 businesses in the "Crude Petroleum Extraction " industry received a PPP loan. These local businesses reported an average of 73 employees (compared to this company's 201) and received an average PPP loan of $1,268,600 (compared to this company's $3.64M).

Industry PPP Comparison Statistics

Nationwide, 2,633 businesses in the "Crude Petroleum Extraction " industry received a total of $383,891,055.00 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 8 employees, 96% lower than D & B Flowback LLC's reported 201 employees, and received an average PPP loan of $145,800, 96% lower than this company's loan of $3.64M.

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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Source: www.federalpay.org/paycheck-protection-program/d-and-b-flowback-llc-yorktown-tx