PPP Loan Data — Innovation Specialists LLC, Houston, TX
Innovation Specialists LLC is a limited liability company (LLC) located at 1300 Post Oak Blvd Ste 725 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $2,460,684.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least 214 people during the applicable loan loan period.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Innovation Specialists LLC received a Paycheck Protection Loan of $2.46M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Innovation Specialists LLC's total 2019 payroll expenses were approximately $11.81M in order to qualify for the PPP loan amount received.
Based on their reported 214 jobs retained, this equals an estimated average yearly compensation of $55,193 per employee1.
Business Information - Innovation Specialists LLC in Houston, TX
1300 Post Oak Blvd Ste 725
Houston, TX 77056
Offices of Dentists (NAICS code 621210)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: TX-07
Similar Companies near Houston
In the Houston area, 91 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 214) and received an average PPP loan of $84,811 (compared to this company's $2.46M).
Similar Nearby Businesses Who Received PPP Funding:
Borwen P Lee, DDS, PLLC
David S Van Zandt
WEI Ming Ting
Amanda Juarez DDS PC
Insight Dental Group, Inc.
Justin G Crokett Dentistry, PLLC
William M Thorsell, Jr, DDS Inc
Don N Le DDS PA
Gayle Family Dental, PLLC
Industry PPP Comparison Statistics
Nationwide, 101,110 businesses in the "Offices of Dentists" industry received a total of $8,216,479,982.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 97% lower than Innovation Specialists LLC's reported 214 employees, and received an average PPP loan of $81,263, 97% lower than this company's loan of $2.46M.
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