PPP Loan Data — Lamesa Properties, Limited, Houston, TX
Lamesa Properties, Limited
Location: Houston, TXTweet This • Search All PPP Data
Lamesa Properties, Limited is a partnership located at 3701 Kirby Dr Ste 1030 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $45,900.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Zions Bank, A Division of
Lamesa Properties, Limited in Houston, TX received a Paycheck Protection Loan of $45,900 through Zions Bank, A Division of, 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 April, 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, Lamesa Properties, Limited's 2019 payroll expenses are estimated to be at least $220,320.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $55,080 per employee1
Reported PPP Proceed Usage:
On the PPP application, Lamesa Properties, Limited reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,900
Business Information - Lamesa Properties, Limited in Houston, TX
3701 Kirby Dr Ste 1030
Houston, TX 77098
Lessors of Nonresidential Buildings (except Miniwarehouses)
NAICS code 531120
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, 13 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 4) and received an average PPP loan of $125,626 (compared to this company's $45,900).
Similar Nearby Businesses Who Received PPP Funding:
Commercial Asset Advisors, Inc
Citywide Atm, Inc
ST. Christopher Holdings LTD
Sackett Building Group, LTD
QSH Family LP
BK Plazamericas, LTD
First Sunrise Properties Inc
Industry PPP Comparison Statistics
Nationwide, 19,255 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a total of $1.72B 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 10 employees, 150% higher than Lamesa Properties, Limited's reported 4 employees, and received an average PPP loan of $89,367, 95% higher than this company's loan of $45,900.
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Footnotes & Information
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