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PPP Loan Data — Jon Wayne Heating & Air Conditioning, LTD, San Antonio, TX

SBA PPP loan data, payroll data, and salaries for Jon Wayne Heating & Air Conditioning, LTD
TX

Jon Wayne Heating & Air Conditioning, LTD

Entity: Limited Liability Partnership

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: San Antonio, TX

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Jon Wayne Heating & Air Conditioning, LTD is a limited liability partnership located at 9272 Us Highway 87 in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $2,833,900.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 235 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.83M

Jobs Retained:

235

Loan Approved:

2020-04-04

Lender:

TEXSTAR NATIONAL BANK

Jon Wayne Heating & Air Conditioning, LTD received a Paycheck Protection Loan of $2.83M through TEXSTAR NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Jon Wayne Heating & Air Conditioning, LTD's total 2019 payroll expenses were approximately $13.6M in order to qualify for the PPP loan amount received.

Based on their reported 235 jobs retained, this equals an estimated average yearly compensation of $57,884 per employee1.

Because the loan received by Jon Wayne Heating & Air Conditioning, LTD is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Jon Wayne Heating & Air Conditioning, LTD in San Antonio, TX

Jon Wayne Heating & Air Conditioning, LTD
9272 Us Highway 87
San Antonio, TX 78263

Business Industry

Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: TX-28

Similar Companies near San Antonio

In the San Antonio area, 7 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 235) and received an average PPP loan of $534,624 (compared to this company's $2.83M).

Industry PPP Comparison Statistics

Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 95% lower than Jon Wayne Heating & Air Conditioning, LTD's reported 235 employees, and received an average PPP loan of $154,981, 95% lower than this company's loan of $2.83M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/jon-wayne-heating-and-air-conditioning-ltd-san-antonio-tx