PPP Loan Data — Infolob Solutions, Inc, Irving, TX
Infolob Solutions, Inc is a corporation located at 909 Lake Carolyn Pkwy, Suite 300 in Irving, Texas that received a Coronavirus-related PPP loan from the SBA of $3,106,285.00 in April, 2020.
The company has reported itself as an Asian male owned business, and employed at least 150 people during the applicable loan loan period.
$ PPP Loan Information
Infolob Solutions, Inc received a Paycheck Protection Loan of $3.11M through DOMINION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Infolob Solutions, Inc's total 2019 payroll expenses were approximately $14.91M in order to qualify for the PPP loan amount received.
Based on their reported 150 jobs retained, this equals an estimated average yearly compensation of $99,401 per employee1.
Business Information - Infolob Solutions, Inc in Irving, TX
909 Lake Carolyn Pkwy, Suite 300
Irving, TX 75039
Computer Systems Design Services (NAICS code 541512)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: TX-24
Similar Companies near Irving
In the Irving area, 28 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 44 employees (compared to this company's 150) and received an average PPP loan of $747,414 (compared to this company's $3.11M).
Similar Nearby Businesses Who Received PPP Funding:
Comtec Consultants, Inc.
Epace Technologies, Inc.
Intellect Business Solutions, LLC
Lightbeam Health Solutions, Inc
Arka Solutions Inc
Techgene Solutions, LLC
Vizion Interactive Incorporated
Industry PPP Comparison Statistics
Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 93% lower than Infolob Solutions, Inc's reported 150 employees, and received an average PPP loan of $181,408, 94% lower than this company's loan of $3.11M.
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