PPP Loan Data — Hawley Hot Oil LLC, Nash, OK
Hawley Hot Oil LLC is a limited liability company (LLC) located at 24986 County Road 800 in Nash, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $130,680.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least ten people during the applicable loan loan period.
$ PPP Loan Information
Lender:GATEWAY FIRST BANK
Hawley Hot Oil LLC received a Paycheck Protection Loan of $130,680 through GATEWAY FIRST BANK, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Hawley Hot Oil LLC's total 2019 payroll expenses were approximately $627,264 in order to qualify for the PPP loan amount received.
Based on their reported 10 jobs retained, this equals an estimated average yearly compensation of $62,726 per employee1.
Business Information - Hawley Hot Oil LLC in Nash, OK
24986 County Road 800
Nash, OK 73761
Support Activities for Oil and Gas Operations (NAICS code 213112)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: OK-03
Similar Companies near Nash
In the Nash area, 5 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 42 employees (compared to this company's 10) and received an average PPP loan of $687,736 (compared to this company's $130,680).
Similar Nearby Businesses Who Received PPP Funding:
Mach Energy Services, LLC
Greg Barby, LLC
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, 30% higher than Hawley Hot Oil LLC's reported 10 employees, and received an average PPP loan of $215,222, 65% higher than this company's loan of $130,680.
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.
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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