PPP Loan Data — Diversified Interiors Of El Paso, Inc., El Paso, TX
Diversified Interiors Of El Paso, Inc. is a corporation located at 4750 Ripley Dr in El Paso, Texas that received a Coronavirus-related PPP loan from the SBA of $3,218,900.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 250 people during the applicable loan loan period.
$ PPP Loan Information
Diversified Interiors Of El Paso, Inc. in El Paso, TX received a Paycheck Protection Loan of $3.22M through WESTSTAR BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Diversified Interiors Of El Paso, Inc.'s total 2019 payroll expenses were approximately $15.45M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $61,803 per employee1.
Business Information - Diversified Interiors Of El Paso, Inc. in El Paso, TX
4750 Ripley Dr
El Paso, TX 79922
Drywall and Insulation Contractors (NAICS code 238310)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: TX-16
Similar Companies near El Paso
In the El Paso area, 2 businesses in the "Drywall and Insulation Contractors" industry received a PPP loan. These local businesses reported an average of 127 employees (compared to this company's 250) and received an average PPP loan of $1,621,668 (compared to this company's $3.22M).
Similar Nearby Businesses Who Received PPP Funding:
Southwest Mata Construction, Inc.
El Paso, TX
Industry PPP Comparison Statistics
Nationwide, 8,671 businesses in the "Drywall and Insulation Contractors" industry received a total of $1,670,996,792.00 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 14 employees, 94% lower than Diversified Interiors Of El Paso, Inc.'s reported 250 employees, and received an average PPP loan of $192,711, 94% lower than this company's loan of $3.22M.
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.
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