PPP Loan Data — Dimension Energy Services, LLC, Sugar Land, TX
Dimension Energy Services, LLC
Entity: Limited Liability Company (LLC)
Location: Sugar Land, TXTweet This • Search All PPP Data
Dimension Energy Services, LLC is a limited liability company (LLC) located at One Fluor Daniel Drive Suite D1-7-50 in Sugar Land, Texas that received a Coronavirus-related PPP loan from the SBA of $2,399,000.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Zions Bank, A Division of
Dimension Energy Services, LLC in Sugar Land, TX received a Paycheck Protection Loan of $2.4M through Zions Bank, A Division of, which was approved in May, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Dimension Energy Services, LLC's 2019 payroll expenses are estimated to be at least $11.52M.
Based on their reported 152 jobs retained, this equals an estimated average yearly compensation of $75,758 per employee1
Reported PPP Proceed Usage:
On the PPP application, Dimension Energy Services, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,399,000
Business Information - Dimension Energy Services, LLC in Sugar Land, TX
One Fluor Daniel Drive Suite D1-7-50
Sugar Land, TX 77478
Water and Sewer Line and Related Structures Construction
NAICS code 237110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sugar Land
In the Sugar Land area, 6 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 94 employees (compared to this company's 152) and received an average PPP loan of $1,415,282 (compared to this company's $2.4M).
Similar Nearby Businesses Who Received PPP Funding:
Fort Bend Services Inc
Hydro Resources Holdings, Inc
Sugar Land, TX
Geod Drilling Equipment & Supply Inc
Jimerson Underground, Inc
Sugar Land, TX
Industry PPP Comparison Statistics
Nationwide, 8,904 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a total of $1.93B 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 17 employees, 89% lower than Dimension Energy Services, LLC's reported 152 employees, and received an average PPP loan of $216,804, 91% lower than this company's loan of $2.4M.
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Footnotes & Information
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