PPP Loan Data — HTX Services LLC, Hauppauge, NY
HTX Services LLC
Entity: Limited Liability Company (LLC)
Location: Hauppauge, NYTweet This • Search All PPP Data
HTX Services LLC is a limited liability company (LLC) located at 70 Corporate Drive in Hauppauge, New York that received a Coronavirus-related PPP loan from the SBA of $3,126,777.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
HTX Services LLC received a Paycheck Protection Loan of $3.13M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, HTX Services LLC's total 2019 payroll expenses were approximately $15.01M in order to qualify for the PPP loan amount received.
Based on their reported 177 jobs retained, this equals an estimated average yearly compensation of $84,794 per employee1.
Business Information - HTX Services LLC in Hauppauge, NY
70 Corporate Drive
Hauppauge, NY 11788
All Other Professional, Scientific, and Technical Services (NAICS code 541990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-01
Similar Companies near Hauppauge
In the Hauppauge area, 23 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 177) and received an average PPP loan of $186,919 (compared to this company's $3.13M).
Similar Nearby Businesses Who Received PPP Funding:
Infectious Disease Medical Practice Of New York LLC
Law Office Of Jessica Zucconi Tirino
Hendel Advisors Inc
AHR Provisions Inc
Nicos Transport Inc.
Eisele Enterprises, Inc
VFC Services Inc
Sound Beach, NY
Industry PPP Comparison Statistics
Nationwide, 63,722 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $4,746,522,934.00 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 HTX Services LLC's reported 177 employees, and received an average PPP loan of $74,488, 98% lower than this company's loan of $3.13M.
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.
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.
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