PPP Loan Data — DEE Brown, Inc., Richardson, TX
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
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.
Business Information - DEE Brown, Inc. in Richardson, TX
1600 N Collins Blvd, Suite 3100
Richardson, TX 75080
Masonry Contractors (NAICS code 238140)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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).
Similar Nearby Businesses Who Received PPP Funding:
AWD Construction Services LLC
International Chem-Crete Corp
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.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!