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PPP Loan Data — Enterprise Financial Group, Inc.,
Irving, TX
Enterprise Financial Group, Inc.
Entity: Corporation
Industry: Other Direct Insurance (except Life, Health, and Medical) Carriers
Location: Irving, TX
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Enterprise Financial Group, Inc. is a corporation located at 122 W. John Carpenter Fwy in Irving, Texas that received a Coronavirus-related PPP loan from the SBA of $2,967,100.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
151Loan Approved:
2020-04-14Lender:
COMERICA BANKEnterprise Financial Group, Inc. in Irving, TX received a Paycheck Protection Loan of $2.97M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Enterprise Financial Group, Inc.'s total 2019 payroll expenses were approximately $14.24M in order to qualify for the PPP loan amount received.
Based on their reported 151 jobs retained, this equals an estimated average yearly compensation of $94,318 per employee1.
Business Information - Enterprise Financial Group, Inc. in Irving, TX
122 W. John Carpenter Fwy
Irving, TX 75039
Business Industry
Other Direct Insurance (except Life, Health, and Medical) Carriers (NAICS code 524128)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TX-24Similar Companies near Irving
In the Irving area, 3 businesses in the "Other Direct Insurance (except Life, Health, and Medical) Carriers" industry received a PPP loan. These local businesses reported an average of 83 employees (compared to this company's 151) and received an average PPP loan of $1,538,961 (compared to this company's $2.97M).
Similar Nearby Businesses Who Received PPP Funding:
QEO Group, LLC
Irving, TX
Roy Moreno Insurance Agency Inc.
Irving, TX
Industry PPP Comparison Statistics
Nationwide, 922 businesses in the "Other Direct Insurance (except Life, Health, and Medical) Carriers" industry received a total of $91,174,458.00 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, 95% lower than Enterprise Financial Group, Inc.'s reported 151 employees, and received an average PPP loan of $98,888, 97% lower than this company's loan of $2.97M.
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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