PPP Loan Data — KLD Management, LLC, Houston, TX
KLD Management, LLC is a limited liability company (LLC) located at 7902 Hillmont Street in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $46,127.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least four people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
KLD Management, LLC in Houston, TX received a Paycheck Protection Loan of $46,127 through Central Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in February, 2021.
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, KLD Management, LLC's 2019 payroll expenses are estimated to be at least $221,410.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $55,353 per employee1
Reported PPP Proceed Usage:
On the PPP application, KLD Management, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,127
Business Information - KLD Management, LLC in Houston, TX
7902 Hillmont Street
Houston, TX 77040
Office Administrative Services
NAICS code 561110
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Houston
In the Houston area, 22 businesses in the "Office Administrative Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 4) and received an average PPP loan of $33,483 (compared to this company's $46,127).
Similar Nearby Businesses Who Received PPP Funding:
The Diva Bling Store
ST. Elizabeth Management Group 290, Inc
Jersey Village, TX
Premier Property Tax, LLC
ARC Real Estate Management LLC
National Marketing & Administration GP
Industry PPP Comparison Statistics
Nationwide, 44,947 businesses in the "Office Administrative Services" industry received a total of $2.36B 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 KLD Management, LLC's reported 4 employees, and received an average PPP loan of $52,468, 14% higher than this company's loan of $46,127.
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Footnotes & Information
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