PPP Loan Data — Izna C Store Inc, Houston, TX
Izna C Store Inc is a subchapter s corporation located at 2850 Fry Road in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Izna C Store Inc in Houston, TX received a Paycheck Protection Loan of $25,400 through Comerica Bank, which was approved in April, 2020.
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, Izna C Store Inc's 2019 payroll expenses are estimated to be at least $121,920.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,480 per employee1
Reported PPP Proceed Usage:
On the PPP application, Izna C Store Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,400
Business Information - Izna C Store Inc in Houston, TX
2850 Fry Road
Houston, TX 77084
NAICS code 445120
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Houston
In the Houston area, 21 businesses in the "Convenience Stores" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 4) and received an average PPP loan of $13,227 (compared to this company's $25,400).
Similar Nearby Businesses Who Received PPP Funding:
Zehak Venture LLC
Louetta Eskimo Hut Operating LTD
Methan Business Inc
Mehar Dadu Enterprises Inc
Bosque Eskimo Hut Operating LTD
Beechnut Eskimo Hut Operating LTD
K George & Sons LLC
Industry PPP Comparison Statistics
Nationwide, 30,055 businesses in the "Convenience Stores" industry received a total of $856.22M 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 6 employees, 50% higher than Izna C Store Inc's reported 4 employees, and received an average PPP loan of $28,488, 12% higher than this company's loan of $25,400.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!