PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — ED Bell Investments, Inc., Dallas, TX

SBA PPP loan data, payroll data, and salaries for ED Bell Investments, Inc.
TX

ED Bell Investments, Inc.

Entity: Corporation

Industry: Highway, Street, and Bridge Construction

Location: Dallas, TX

Search All PPP Data

ED Bell Investments, Inc. is a corporation located at 10605 Harry Hines Blvd in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $3,750,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.75M

Jobs Retained:

284

Loan Approved:

2020-04-11

Lender:

PROSPERITY BANK

ED Bell Investments, Inc. received a Paycheck Protection Loan of $3.75M through PROSPERITY BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, ED Bell Investments, Inc.'s total 2019 payroll expenses were approximately $18M in order to qualify for the PPP loan amount received.

Based on their reported 284 jobs retained, this equals an estimated average yearly compensation of $63,380 per employee1.

Because the loan received by ED Bell Investments, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - ED Bell Investments, Inc. in Dallas, TX

ED Bell Investments, Inc.
10605 Harry Hines Blvd
Dallas, TX 75220

Business Industry

Highway, Street, and Bridge Construction (NAICS code 237310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-33

Similar Companies near Dallas

In the Dallas area, 2 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 181 employees (compared to this company's 284) and received an average PPP loan of $2,265,117 (compared to this company's $3.75M).

Similar Nearby Businesses Who Received PPP Funding:

Rebcon, Inc
Dallas, TX

$780,233 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 26 employees, 91% lower than ED Bell Investments, Inc.'s reported 284 employees, and received an average PPP loan of $405,656, 89% lower than this company's loan of $3.75M.

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.

Search FederalPay's Full PPP Loan Database

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!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ed-bell-investments-inc-dallas-tx