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

PPP Loan Data — Homepro Operating LLC, Carrollton, TX

SBA PPP loan data, payroll data, and salaries for Homepro Operating LLC
TX

Homepro Operating LLC

Entity: Limited Liability Company (LLC)

Industry: Electronics Stores

Location: Carrollton, TX

Search All PPP Data

Homepro Operating LLC is a limited liability company (LLC) located at 1325 Capital Pkwy Ste 117 in Carrollton, Texas that received a Coronavirus-related PPP loan from the SBA of $4,475,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.48M

Jobs Retained:

249

Loan Approved:

2020-04-05

Lender:

BOKF, NATIONAL ASSOCIATION

Homepro Operating LLC received a Paycheck Protection Loan of $4.48M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Homepro Operating LLC's total 2019 payroll expenses were approximately $21.48M in order to qualify for the PPP loan amount received.

Based on their reported 249 jobs retained, this equals an estimated average yearly compensation of $86,273 per employee1.

Because the loan received by Homepro Operating LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Homepro Operating LLC in Carrollton, TX

Homepro Operating LLC
1325 Capital Pkwy Ste 117
Carrollton, TX 75006

Business Industry

Electronics Stores (NAICS code 443142)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-24

Similar Companies near Carrollton

In the Carrollton area, 11 businesses in the "Electronics Stores" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 249) and received an average PPP loan of $471,110 (compared to this company's $4.48M).

Industry PPP Comparison Statistics

Nationwide, 7,570 businesses in the "Electronics Stores" industry received a total of $593,424,720.00 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 8 employees, 97% lower than Homepro Operating LLC's reported 249 employees, and received an average PPP loan of $78,392, 98% lower than this company's loan of $4.48M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/homepro-operating-llc-carrollton-tx