PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — DBS Allergy LLC, Spring, TX

ALERT: There are 2 PPP loans for a total of $49,837 in our database for businesses with the name "DBS Allergy LLC" in Spring, TX. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for DBS Allergy LLC
TX

DBS Allergy LLC

Entity: Corporation

Industry: Marketing Consulting Services

Location: Spring, TX

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DBS Allergy LLC is a corporation located at 63 S Beech Springs Cir in Spring, Texas that received a Coronavirus-related PPP loan from the SBA of $45,737.00 in January, 2021.

$ PPP Loan Information
Loan #6011818305

Loan Size:

$45,737

Jobs Retained:

3

Loan Approved:

2021-01-26

Loan Status:

Ongoing Loan

Lender:

Woodforest National Bank

DBS Allergy LLC in Spring, TX received a Paycheck Protection Loan of $45,737 through Woodforest National Bank, which was approved in January, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, DBS Allergy LLC's 2019 payroll expenses are estimated to be at least $219,538.

Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $73,179 per employee1

Reported PPP Proceed Usage:

On the PPP application, DBS Allergy LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $45,734

Business Information - DBS Allergy LLC in Spring, TX

DBS Allergy LLC
63 S Beech Springs Cir
Spring, TX 77389

Business Industry:
Marketing Consulting Services
NAICS code 541613

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Harris County, TX — SBA Office 0671 — Congressional District: TX-08

Similar Companies near Spring

In the Spring area, 34 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $43,935 (compared to this company's $45,737).

Industry PPP Comparison Statistics

Nationwide, 86,997 businesses in the "Marketing Consulting Services" industry received a total of $3.45B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 3 employees, the same amount reported by DBS Allergy LLC and received an average PPP loan of $39,652, 13% lower than this company's loan of $45,737.

SBA PPP loan data, payroll data, and salaries for DBS Allergy, LLC
TX

DBS Allergy, LLC

Entity: Corporation

Industry: Drugs and Druggists' Sundries Merchant Wholesalers

Location: Spring, TX

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DBS Allergy, LLC is a corporation located at 63 S Beech Springs Cir. in Spring, Texas that received a Coronavirus-related PPP loan from the SBA of $4,100.00 in April, 2020.

$ PPP Loan Information
Loan #4580137002

Loan Size:

$4,100

Jobs Retained:

2

Loan Approved:

2020-04-03

Loan Status:

Paid in Full or Forgiven

Lender:

Woodforest National Bank

DBS Allergy, LLC in Spring, TX received a Paycheck Protection Loan of $4,100 through Woodforest National Bank, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in February, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, DBS Allergy, LLC's 2019 payroll expenses are estimated to be at least $19,680.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $9,840 per employee1

Reported PPP Proceed Usage:

On the PPP application, DBS Allergy, LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $4,100

Business Information - DBS Allergy, LLC in Spring, TX

DBS Allergy, LLC
63 S Beech Springs Cir.
Spring, TX 77389

Business Industry:
Drugs and Druggists' Sundries Merchant Wholesalers
NAICS code 424210

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Harris County, TX — SBA Office 0671 — Congressional District: TX-08

Industry PPP Comparison Statistics

Nationwide, 3,557 businesses in the "Drugs and Druggists' Sundries Merchant Wholesalers" industry received a total of $499.68M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 13 employees, 550% higher than DBS Allergy, LLC's reported 2 employees, and received an average PPP loan of $140,477, 3326% higher than this company's loan of $4,100.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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/dbs-allergy-llc-spring-tx