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

PPP Loan Data — Holts Mechanical LTD, San Antonio, TX

ALERT: There are 2 PPP loans for a total of $1.36M in our database for businesses with the name "Holts Mechanical LTD" in San Antonio, 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 Holts Mechanical LTD
TX

Holts Mechanical LTD

Entity: Partnership

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: San Antonio, TX

Search All PPP Data

Holts Mechanical LTD is a partnership located at 5522 Rittiman Rd in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $678,943.00 in January, 2021.

The company has reported itself as a male owned business, and employed at least 37 people during the applicable loan loan period.

$ PPP Loan Information
Loan #8800378306

Loan Size:

$678,943

Jobs Retained:

37

Loan Approved:

2021-01-30

Loan Status:

Paid in Full or Forgiven

Lender:

Texas Partners Bank

Holts Mechanical LTD in San Antonio, TX received a Paycheck Protection Loan of $678,943 through Texas Partners Bank, which was approved in January, 2021.

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 November, 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, Holts Mechanical LTD's 2019 payroll expenses are estimated to be at least $3.26M.

Based on their reported 37 jobs retained, this equals an estimated average yearly compensation of $88,079 per employee1

Reported PPP Proceed Usage:

On the PPP application, Holts Mechanical LTD reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $678,941
  • Utilities: $1

Business Information - Holts Mechanical LTD in San Antonio, TX

Holts Mechanical LTD
5522 Rittiman Rd
San Antonio, TX 78218

Business Industry:
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Bexar County, TX — SBA Office 0681 — Congressional District: TX-35

Similar Companies near San Antonio

In the San Antonio area, 48 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 37) and received an average PPP loan of $273,758 (compared to this company's $678,943).

Industry PPP Comparison Statistics

Nationwide, 103,883 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.03B 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 10 employees, 73% lower than Holts Mechanical LTD's reported 37 employees, and received an average PPP loan of $125,397, 82% lower than this company's loan of $678,943.

SBA PPP loan data, payroll data, and salaries for Holts Mechanical, LTD
TX

Holts Mechanical, LTD

Entity: Partnership

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: San Antonio, TX

Search All PPP Data

Holts Mechanical, LTD is a partnership located at 5522 Rittiman Rd. in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $678,750.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 46 people during the applicable loan loan period.

$ PPP Loan Information
Loan #2091857104

Loan Size:

$678,750

Jobs Retained:

46

Loan Approved:

2020-04-10

Loan Status:

Paid in Full or Forgiven

Lender:

Texas Partners Bank

Holts Mechanical, LTD in San Antonio, TX received a Paycheck Protection Loan of $678,750 through Texas Partners 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 February, 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, Holts Mechanical, LTD's 2019 payroll expenses are estimated to be at least $3.26M.

Based on their reported 46 jobs retained, this equals an estimated average yearly compensation of $70,826 per employee1

Reported PPP Proceed Usage:

On the PPP application, Holts Mechanical, LTD reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $509,063
  • Utilities: $67,875
  • Rent: $101,813

Business Information - Holts Mechanical, LTD in San Antonio, TX

Holts Mechanical, LTD
5522 Rittiman Rd.
San Antonio, TX 78218

Business Industry:
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Bexar County, TX — SBA Office 0681 — Congressional District: TX-35

Similar Companies near San Antonio

In the San Antonio area, 48 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 46) and received an average PPP loan of $273,758 (compared to this company's $678,750).

Industry PPP Comparison Statistics

Nationwide, 103,883 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.03B 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 10 employees, 78% lower than Holts Mechanical, LTD's reported 46 employees, and received an average PPP loan of $125,397, 82% lower than this company's loan of $678,750.

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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Source: www.federalpay.org/paycheck-protection-program/holts-mechanical-ltd-san-antonio-tx