PPP Loan Data — Integrity T3Chnology, LLC, Plano, TX
Integrity T3Chnology, LLC
Entity: Limited Liability Company (LLC)
Location: Plano, TXTweet This • Search All PPP Data
Integrity T3Chnology, LLC is a limited liability company (LLC) located at 6010 W Spring Creek Pkwy in Plano, Texas that received a Coronavirus-related PPP loan from the SBA of $25,137.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
Integrity T3Chnology, LLC in Plano, TX received a Paycheck Protection Loan of $25,137 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Integrity T3Chnology, LLC's 2019 payroll expenses are estimated to be at least $120,658.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,329 per employee1
Reported PPP Proceed Usage:
On the PPP application, Integrity T3Chnology, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $18,953
- Health Care: $6,184
Business Information - Integrity T3Chnology, LLC in Plano, TX
6010 W Spring Creek Pkwy
Plano, TX 75024
Administrative Management and General Management Consulting Services
NAICS code 541611
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Plano
In the Plano area, 109 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 2) and received an average PPP loan of $103,132 (compared to this company's $25,137).
Similar Nearby Businesses Who Received PPP Funding:
Haug Growth Group LLC
The Food Hall Company LLC
Eric T Weible
The Momentum Consulting Group Inc
Helmers & Associates, Inc
Industry PPP Comparison Statistics
Nationwide, 94,773 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.51B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 5 employees, 150% higher than Integrity T3Chnology, LLC's reported 2 employees, and received an average PPP loan of $58,139, 131% higher than this company's loan of $25,137.
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