PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Greater Houston Area Health Education Center Inc, Houston, TX

ALERT: There are 2 PPP loans for a total of $50,800 in our database for businesses with the name "Greater Houston Area Health Education Center Inc" in Houston, TX. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Greater Houston Area Health Education Center Inc
TX Nonprofit Organization

Greater Houston Area Health Education Center Inc

Entity: Non-profit Organization

Industry: Administration of Public Health Programs

Location: Houston, TX

Search All PPP Data

Greater Houston Area Health Education Center Inc is a non-profit organization located at 4014 Market St Ste W111 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in February, 2021.

The company has reported itself as a female owned non-profit, and employed at least two people during the applicable loan loan period.

$ PPP Loan Information
Loan #7077488408

Loan Size:

$25,400

Jobs Retained:

2

Loan Approved:

2021-02-11

Loan Status:

Ongoing Loan

Lender:

Frost Bank

Greater Houston Area Health Education Center Inc in Houston, TX received a Paycheck Protection Loan of $25,400 through Frost Bank, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Greater Houston Area Health Education Center Inc's 2019 payroll expenses are estimated to be at least $121,920.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,960 per employee1

Reported PPP Proceed Usage:

On the PPP application, Greater Houston Area Health Education Center Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $25,400

Business Information - Greater Houston Area Health Education Center Inc in Houston, TX

Greater Houston Area Health Education Center Inc
4014 Market St Ste W111
Houston, TX 77020

Business Industry:
Administration of Public Health Programs
NAICS code 923120

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Female Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Harris County, TX — SBA Office 0671 — Congressional District: TX-18

Industry PPP Comparison Statistics

Nationwide, 1,012 businesses in the "Administration of Public Health Programs" industry received a total of $160.1M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 16 employees, 700% higher than Greater Houston Area Health Education Center Inc's reported 2 employees, and received an average PPP loan of $158,200, 523% higher than this company's loan of $25,400.

SBA PPP loan data, payroll data, and salaries for Greater Houston Area Health Education Center Inc
TX Nonprofit Organization

Greater Houston Area Health Education Center Inc

Entity: Non-profit Organization

Industry: All Other Miscellaneous Schools and Instruction

Location: Houston, TX

Search All PPP Data

Greater Houston Area Health Education Center Inc is a non-profit organization located at 4014 Market St Suite W111 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in April, 2020.

$ PPP Loan Information
Loan #6950137304

Loan Size:

$25,400

Jobs Retained:

2

Loan Approved:

2020-04-30

Loan Status:

Paid in Full or Forgiven

Lender:

Frost Bank

Greater Houston Area Health Education Center Inc in Houston, TX received a Paycheck Protection Loan of $25,400 through Frost Bank, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Greater Houston Area Health Education Center Inc's 2019 payroll expenses are estimated to be at least $121,920.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,960 per employee1

Reported PPP Proceed Usage:

On the PPP application, Greater Houston Area Health Education Center Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $25,400

Business Information - Greater Houston Area Health Education Center Inc in Houston, TX

Greater Houston Area Health Education Center Inc
4014 Market St Suite W111
Houston, TX 77020

Business Industry:
All Other Miscellaneous Schools and Instruction
NAICS code 611699

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Harris County, TX — SBA Office 0671 — Congressional District: TX-18

Similar Companies near Houston

In the Houston area, 7 businesses in the "All Other Miscellaneous Schools and Instruction" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 2) and received an average PPP loan of $18,900 (compared to this company's $25,400).

Industry PPP Comparison Statistics

Nationwide, 28,242 businesses in the "All Other Miscellaneous Schools and Instruction" industry received a total of $1.52B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 9 employees, 350% higher than Greater Houston Area Health Education Center Inc's reported 2 employees, and received an average PPP loan of $53,678, 111% higher than this company's loan of $25,400.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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/greater-houston-area-health-education-center-inc-houston-tx