PPP Loan Data — Houston Foam Plastics Inc, Houston, TX
Houston Foam Plastics Inc is a subchapter s corporation located at 2019 Brooks Street in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $2,452,200.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Houston Foam Plastics Inc received a Paycheck Protection Loan of $2.45M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Houston Foam Plastics Inc's total 2019 payroll expenses were approximately $11.77M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $58,853 per employee1.
Business Information - Houston Foam Plastics Inc in Houston, TX
2019 Brooks Street
Houston, TX 77026
Polystyrene Foam Product Manufacturing (NAICS code 326140)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-18
Industry PPP Comparison Statistics
Nationwide, 143 businesses in the "Polystyrene Foam Product Manufacturing" industry received a total of $47,154,530.00 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 28 employees, 86% lower than Houston Foam Plastics Inc's reported 200 employees, and received an average PPP loan of $329,752, 87% lower than this company's loan of $2.45M.
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Footnotes & Information
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