PPP Loan Data — J W Logistics, LLC, Frisco, TX
J W Logistics, LLC
Entity: Limited Liability Company (LLC)
Location: Frisco, TXTweet This • Search All PPP Data
J W Logistics, LLC is a limited liability company (LLC) located at 3801 Parkwood Blvd in Frisco, Texas that received a Coronavirus-related PPP loan from the SBA of $4,571,300.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST UNITED BANK AND TRUST COMPANY
J W Logistics, LLC received a Paycheck Protection Loan of $4.57M through FIRST UNITED BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, J W Logistics, LLC's total 2019 payroll expenses were approximately $21.94M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $87,769 per employee1.
Business Information - J W Logistics, LLC in Frisco, TX
3801 Parkwood Blvd
Frisco, TX 75034
Process, Physical Distribution, and Logistics Consulting Services (NAICS code 541614)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-03
Similar Companies near Frisco
In the Frisco area, 4 businesses in the "Process, Physical Distribution, and Logistics Consulting Services" industry received a PPP loan. These local businesses reported an average of 101 employees (compared to this company's 250) and received an average PPP loan of $1,594,356 (compared to this company's $4.57M).
Similar Nearby Businesses Who Received PPP Funding:
Cornerstone Automation Systems, LLC
Industry PPP Comparison Statistics
Nationwide, 4,460 businesses in the "Process, Physical Distribution, and Logistics Consulting Services" industry received a total of $676,111,064.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 95% lower than J W Logistics, LLC's reported 250 employees, and received an average PPP loan of $151,594, 97% lower than this company's loan of $4.57M.
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