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PPP Loan Data — DEE Brown, Inc., Richardson, TX

SBA PPP loan data, payroll data, and salaries for DEE Brown, Inc.
TX

DEE Brown, Inc.

Entity: Corporation

Industry: Masonry Contractors

Location: Richardson, TX

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DEE Brown, Inc. is a corporation located at 1600 N Collins Blvd, Suite 3100 in Richardson, Texas that received a Coronavirus-related PPP loan from the SBA of $2,729,800.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.73M

Jobs Retained:

206

Loan Approved:

2020-04-27

Lender:

COMERICA BANK

DEE Brown, Inc. in Richardson, TX received a Paycheck Protection Loan of $2.73M through COMERICA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, DEE Brown, Inc.'s total 2019 payroll expenses were approximately $13.1M in order to qualify for the PPP loan amount received.

Based on their reported 206 jobs retained, this equals an estimated average yearly compensation of $63,607 per employee1.

Because the loan received by DEE Brown, Inc. 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 - DEE Brown, Inc. in Richardson, TX

DEE Brown, Inc.
1600 N Collins Blvd, Suite 3100
Richardson, TX 75080

Business Industry

Masonry Contractors (NAICS code 238140)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-32

Similar Companies near Richardson

In the Richardson area, 3 businesses in the "Masonry Contractors" industry received a PPP loan. These local businesses reported an average of 72 employees (compared to this company's 206) and received an average PPP loan of $937,446 (compared to this company's $2.73M).

Industry PPP Comparison Statistics

Nationwide, 8,054 businesses in the "Masonry Contractors" industry received a total of $1,051,191,192.00 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 10 employees, 95% lower than DEE Brown, Inc.'s reported 206 employees, and received an average PPP loan of $130,518, 95% lower than this company's loan of $2.73M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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/dee-brown-inc-richardson-tx