PPP Loan Data — Heritage Auctioneers & Galleries, Inc., Dallas, TX
Heritage Auctioneers & Galleries, Inc.
Entity: Subchapter S Corporation
Location: Dallas, TXTweet This • Search All PPP Data
Heritage Auctioneers & Galleries, Inc. is a subchapter s corporation located at 3500 Maple Ave in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $2,476,100.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST UNITED BANK AND TRUST COMPANY
Heritage Auctioneers & Galleries, Inc. in Dallas, TX received a Paycheck Protection Loan of $2.48M through FIRST UNITED BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Heritage Auctioneers & Galleries, Inc.'s total 2019 payroll expenses were approximately $11.89M in order to qualify for the PPP loan amount received.
Based on their reported 191 jobs retained, this equals an estimated average yearly compensation of $62,227 per employee1.
Business Information - Heritage Auctioneers & Galleries, Inc. in Dallas, TX
3500 Maple Ave
Dallas, TX 75219
All Other Miscellaneous Store Retailers (except Tobacco Stores) (NAICS code 453998)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-32
Similar Companies near Dallas
In the Dallas area, 33 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 191) and received an average PPP loan of $268,671 (compared to this company's $2.48M).
Similar Nearby Businesses Who Received PPP Funding:
Dallas Pub Venture, LLC
Squeegee Press, LLC
Dean Loving II
Grove Imports LLC
Marcos And Delilah
Nehemiah Mule LLC
Heritage Capital Corporation
Raymond Laube DBA The Laube Group
Industry PPP Comparison Statistics
Nationwide, 67,030 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $3,394,491,072.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 97% lower than Heritage Auctioneers & Galleries, Inc.'s reported 191 employees, and received an average PPP loan of $50,641, 98% lower than this company's loan of $2.48M.
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