PPP Loan Data — Mccollum Realty Consultants, Austin, TX
Mccollum Realty Consultants
Entity: Subchapter S Corporation
Location: Austin, TXTweet This • Search All PPP Data
Mccollum Realty Consultants is a subchapter s corporation located at 2700 Bee Caves Rd Ste 120 in Austin, Texas that received a Coronavirus-related PPP loan from the SBA of $24,985.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Mccollum Realty Consultants in Austin, TX received a Paycheck Protection Loan of $24,985 through BBVA USA, 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 June, 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, Mccollum Realty Consultants' 2019 payroll expenses are estimated to be at least $119,928.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $59,964 per employee1
Reported PPP Proceed Usage:
On the PPP application, Mccollum Realty Consultants reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $18,739
- Utilities: $6,246
Business Information - Mccollum Realty Consultants in Austin, TX
2700 Bee Caves Rd Ste 120
Austin, TX 78746
All Other Professional, Scientific, and Technical Services
NAICS code 541990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Austin
In the Austin area, 104 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 2) and received an average PPP loan of $48,490 (compared to this company's $24,985).
Similar Nearby Businesses Who Received PPP Funding:
Heloise J Gold
William Coletti LLC
MED Excel, Inc
Benchmark International Css LLC
Wild Heart Dirt LLC
Industry PPP Comparison Statistics
Nationwide, 129,763 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.41B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 150% higher than Mccollum Realty Consultants' reported 2 employees, and received an average PPP loan of $57,091, 129% higher than this company's loan of $24,985.
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Footnotes & Information
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