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PPP Loan Data — Forza Pipeline Services Inc., Midland, TX

SBA PPP loan data, payroll data, and salaries for Forza Pipeline Services Inc.

Forza Pipeline Services Inc.

Entity: Sole Proprietorship

Industry: Residential Remodelers

Location: Midland, TX

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Forza Pipeline Services Inc. is a sole proprietorship located at 2217 Ecr 155 Lot #3 in Midland, Texas that received a Coronavirus-related PPP loan from the SBA of $2,938,200.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 200 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Forza Pipeline Services Inc. in Midland, TX received a Paycheck Protection Loan of $2.94M through READYCAP LENDING, LLC, which was approved in April, 2020.

Based on standard PPP eligibility rules, Forza Pipeline Services Inc.'s total 2019 payroll expenses were approximately $14.1M in order to qualify for the PPP loan amount received.

Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $70,517 per employee1.

Because the loan received by Forza Pipeline Services 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 - Forza Pipeline Services Inc. in Midland, TX

Forza Pipeline Services Inc.
2217 Ecr 155 Lot #3
Midland, TX 79706

Business Industry

Residential Remodelers (NAICS code 236118)

Business Owner Demographics

Race / Ethnicity: Unreported


Veteran Status: NON-VETERAN

Congressional District: TX-11

Similar Companies near Midland

In the Midland area, 14 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 200) and received an average PPP loan of $249,168 (compared to this company's $2.94M).

Industry PPP Comparison Statistics

Nationwide, 53,839 businesses in the "Residential Remodelers" industry received a total of $2,497,962,542.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 4 employees, 98% lower than Forza Pipeline Services Inc.'s reported 200 employees, and received an average PPP loan of $46,397, 98% lower than this company's loan of $2.94M.

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.

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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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