PPP Loan Data — Hector Rodriguez, Poteet, TX
Entity: Independent Contractor
Location: Poteet, TXTweet This • Search All PPP Data
Hector Rodriguez is an independent contractor located in Poteet, Texas that received a Coronavirus-related PPP loan from the SBA of $1,000.00 in January, 2021.
PPP Loan Information
Loan Status:Active Un-Disbursed
Lender:Newtek Small Business Finance, Inc.
Hector Rodriguez in Poteet, TX received a Paycheck Protection Loan of $1,000 through Newtek Small Business Finance, Inc., which was approved in January, 2021.
While this loan has been approved by the Small Business Administration, the lender has not reported to the SBA that the loan funds were disbursed to the borrower. According to SBA records, a total of $1,000 in approved PPP funding has not been disbursed. The loan's status was last updated by the SBA in January, 2021.
Reported PPP Proceed Usage:
On the PPP application, Hector Rodriguez reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $999
Business Information - Hector Rodriguez in Poteet, TX
* Full address is redacted to protect the privacy of individuals.
Electrical Contractors and Other Wiring Installation Contractors
NAICS code 238210
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Poteet
In the Poteet area, 13 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $20,639 (compared to this company's $1,000).
Similar Nearby Businesses Who Received PPP Funding:
Sam Sotello Electrical Contractor
J. D. Yecker Electric, Inc
Rio Medina, TX
REv. Electric LLC
Anthony Huron Enterprise LLC
Industry PPP Comparison Statistics
Nationwide, 82,626 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $11.77B 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 11 employees, 1000% higher than Hector Rodriguez's reported 1 employees, and received an average PPP loan of $142,494, 14149% higher than this company's loan of $1,000.
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