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PPP Loan Data — Gordon Technologies, LLC,
Scott, LA
Gordon Technologies, LLC
Entity: Limited Liability Company (LLC)
Industry: Support Activities for Oil and Gas Operations
Location: Scott, LA
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Gordon Technologies, LLC is a limited liability company (LLC) located at 818 I-10 S. Frontage Road in Scott, Louisiana that received a Coronavirus-related PPP loan from the SBA of $5,980,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
322Loan Approved:
2020-04-27Lender:
HOME BANK, NATIONAL ASSOCIATIONGordon Technologies, LLC received a Paycheck Protection Loan of $5.98M through HOME BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Gordon Technologies, LLC's total 2019 payroll expenses were approximately $28.7M in order to qualify for the PPP loan amount received.
Based on their reported 322 jobs retained, this equals an estimated average yearly compensation of $89,143 per employee1.
Business Information - Gordon Technologies, LLC in Scott, LA
818 I-10 S. Frontage Road
Scott, LA 70583
Business Industry
Support Activities for Oil and Gas Operations (NAICS code 213112)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: NON-VETERAN
Congressional District: LA-03Similar Companies near Scott
In the Scott area, 32 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 322) and received an average PPP loan of $378,393 (compared to this company's $5.98M).
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Gulf Coast Coil Tubing & Nitrogen Services, Inc.
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Industry PPP Comparison Statistics
Nationwide, 11,335 businesses in the "Support Activities for Oil and Gas Operations" industry received a total of $2,439,543,076.00 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 13 employees, 96% lower than Gordon Technologies, LLC's reported 322 employees, and received an average PPP loan of $215,222, 96% lower than this company's loan of $5.98M.
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.
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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