PPP Loan Data — Doggett Freightliner Of South Texas, LLC, Houston, TX
Doggett Freightliner Of South Texas, LLC
Entity: Limited Liability Company (LLC)
Location: Houston, TXTweet This • Search All PPP Data
Doggett Freightliner Of South Texas, LLC is a limited liability company (LLC) located at 9111 North Fwy in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $4,109,965.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 321 people during the applicable loan loan period.
$ PPP Loan Information
Lender:GULF CAPITAL BANK
Doggett Freightliner Of South Texas, LLC in Houston, TX received a Paycheck Protection Loan of $4.11M through GULF CAPITAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Doggett Freightliner Of South Texas, LLC's total 2019 payroll expenses were approximately $19.73M in order to qualify for the PPP loan amount received.
Based on their reported 321 jobs retained, this equals an estimated average yearly compensation of $61,457 per employee1.
Business Information - Doggett Freightliner Of South Texas, LLC in Houston, TX
9111 North Fwy
Houston, TX 77037
Specialized Freight (except Used Goods) Trucking, Local (NAICS code 484220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: VETERANCongressional District: TX-18
Similar Companies near Houston
In the Houston area, 9 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a PPP loan. These local businesses reported an average of 60 employees (compared to this company's 321) and received an average PPP loan of $714,547 (compared to this company's $4.11M).
Similar Nearby Businesses Who Received PPP Funding:
Xtranz Logistics Inc
Doggett Freightliner Of Arkansas, LLC
Truck Enterprises, Inc
Industry PPP Comparison Statistics
Nationwide, 15,820 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a total of $1,349,363,237.00 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 7 employees, 98% lower than Doggett Freightliner Of South Texas, LLC's reported 321 employees, and received an average PPP loan of $85,295, 98% lower than this company's loan of $4.11M.
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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