PPP Loan Data — Hall Drilling, LLC, Ellenboro, WV
Hall Drilling, LLC is a limited liability company (LLC) located at 1137 E. Washington Ave in Ellenboro, West Virginia that received a Coronavirus-related PPP loan from the SBA of $6,866,600.00 in August, 2020.
$ PPP Loan Information
Hall Drilling, LLC received a Paycheck Protection Loan of $6.87M through UNITED BANK, which was approved in August, 2020.
Based on standard PPP eligibility rules, Hall Drilling, LLC's total 2019 payroll expenses were approximately $32.96M in order to qualify for the PPP loan amount received.
Based on their reported 387 jobs retained, this equals an estimated average yearly compensation of $85,167 per employee1.
Business Information - Hall Drilling, LLC in Ellenboro, WV
1137 E. Washington Ave
Ellenboro, WV 26346
Drilling Oil and Gas Wells (NAICS code 213111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WV-01
Similar Companies near Ellenboro
In the Ellenboro area, 2 businesses in the "Drilling Oil and Gas Wells" industry received a PPP loan. These local businesses reported an average of 196 employees (compared to this company's 387) and received an average PPP loan of $3,447,450 (compared to this company's $6.87M).
Similar Nearby Businesses Who Received PPP Funding:
Lippizan Petroleum, Inc
Industry PPP Comparison Statistics
Nationwide, 2,946 businesses in the "Drilling Oil and Gas Wells" industry received a total of $499,833,830.00 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 11 employees, 97% lower than Hall Drilling, LLC's reported 387 employees, and received an average PPP loan of $169,665, 98% lower than this company's loan of $6.87M.
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Footnotes & Information
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