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PPP Loan Data — DTR Oilfield Consulting, Inc, Weatherford, OK

SBA PPP loan data, payroll data, and salaries for DTR Oilfield Consulting, Inc
OK

DTR Oilfield Consulting, Inc

Entity: Subchapter S Corporation

Industry: Support Activities for Oil and Gas Operations

Location: Weatherford, OK

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DTR Oilfield Consulting, Inc is a subchapter s corporation located at 23944 E 970 Rd in Weatherford, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $12,700.00 in June, 2020.

$ PPP Loan Information

Loan Size:

$12,700

Jobs Retained:

1

Loan Approved:

2020-06-02

Lender:

FIRST NATIONAL BANK AND TRUST COMPANY OF WEATHERFORD

DTR Oilfield Consulting, Inc received a Paycheck Protection Loan of $12,700 through FIRST NATIONAL BANK AND TRUST COMPANY OF WEATHERFORD, which was approved in June, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, DTR Oilfield Consulting, Inc's total 2019 payroll expenses were approximately $60,960 in order to qualify for the PPP loan amount received.

Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $60,960 per employee1.

Business Information - DTR Oilfield Consulting, Inc in Weatherford, OK

DTR Oilfield Consulting, Inc
23944 E 970 Rd
Weatherford, OK 73096

Business Industry

Support Activities for Oil and Gas Operations (NAICS code 213112)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OK-03

Similar Companies near Weatherford

In the Weatherford area, 41 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 1) and received an average PPP loan of $208,895 (compared to this company's $12,700).

Industry PPP Comparison Statistics

Nationwide, 11,335 businesses in the "Support Activities for Oil and Gas Operations" industry received a total of $2,439,543,076.00 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 13 employees, 1200% higher than DTR Oilfield Consulting, Inc's reported 1 employees, and received an average PPP loan of $215,222, 1595% higher than this company's loan of $12,700.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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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/dtr-oilfield-consulting-inc-weatherford-ok