PPP Loan Data — Gillman North, LLC, Houston, TX
Gillman North, LLC is a limited liability company (LLC) located at 18002 I-45 North in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $2,437,429.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Gillman North, LLC received a Paycheck Protection Loan of $2.44M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Gillman North, LLC's total 2019 payroll expenses were approximately $11.7M in order to qualify for the PPP loan amount received.
Based on their reported 179 jobs retained, this equals an estimated average yearly compensation of $65,361 per employee1.
Business Information - Gillman North, LLC in Houston, TX
18002 I-45 North
Houston, TX 77090
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-18
Similar Companies near Houston
In the Houston area, 6 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 128 employees (compared to this company's 179) and received an average PPP loan of $1,631,160 (compared to this company's $2.44M).
Similar Nearby Businesses Who Received PPP Funding:
Demontrond Buick Company
Next Level Security Services LLC
Gillman North II, LLC
El Silverado DBA Munoz Auto Sales
Tom Peacock Nissan Cadillac Inc
Industry PPP Comparison Statistics
Nationwide, 16,570 businesses in the "New Car Dealers" industry received a total of $10,869,996,969.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 47 employees, 74% lower than Gillman North, LLC's reported 179 employees, and received an average PPP loan of $656,005, 73% lower than this company's loan of $2.44M.
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Footnotes & Information
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