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PPP Loan Data — Embrey Management Services, LTD, San Antonio, TX

SBA PPP loan data, payroll data, and salaries for Embrey Management Services, LTD
TX

Embrey Management Services, LTD

Entity: Limited Liability Partnership

Industry: Residential Property Managers

Location: San Antonio, TX

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Embrey Management Services, LTD is a limited liability partnership located at 1020 Ne Loop 410 in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $2,710,318.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.71M

Jobs Retained:

215

Loan Approved:

2020-04-13

Lender:

TEXAS CAPITAL BANK, NATIONAL ASSOCIATION

Embrey Management Services, LTD received a Paycheck Protection Loan of $2.71M through TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Embrey Management Services, LTD's total 2019 payroll expenses were approximately $13.01M in order to qualify for the PPP loan amount received.

Based on their reported 215 jobs retained, this equals an estimated average yearly compensation of $60,509 per employee1.

Because the loan received by Embrey Management Services, LTD 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 - Embrey Management Services, LTD in San Antonio, TX

Embrey Management Services, LTD
1020 Ne Loop 410
San Antonio, TX 78209

Business Industry

Residential Property Managers (NAICS code 531311)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-21

Similar Companies near San Antonio

In the San Antonio area, 10 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 215) and received an average PPP loan of $304,614 (compared to this company's $2.71M).

Industry PPP Comparison Statistics

Nationwide, 20,591 businesses in the "Residential Property Managers" industry received a total of $2,358,014,158.00 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 10 employees, 95% lower than Embrey Management Services, LTD's reported 215 employees, and received an average PPP loan of $114,517, 96% lower than this company's loan of $2.71M.

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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/embrey-management-services-ltd-san-antonio-tx