PPP Loan Data — Moore Control Systems, Inc., Katy, TX
Moore Control Systems, Inc.
Location: Katy, TXTweet This • Search All PPP Data
Moore Control Systems, Inc. is a corporation located at 1435 Katy Flewellen Rd in Katy, Texas that received a Coronavirus-related PPP loan from the SBA of $7,808,800.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 398 people during the applicable loan loan period.
$ PPP Loan Information
Moore Control Systems, Inc. in Katy, TX received a Paycheck Protection Loan of $7.81M through VISTA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Moore Control Systems, Inc.'s total 2019 payroll expenses were approximately $37.48M in order to qualify for the PPP loan amount received.
Based on their reported 398 jobs retained, this equals an estimated average yearly compensation of $94,176 per employee1.
Business Information - Moore Control Systems, Inc. in Katy, TX
1435 Katy Flewellen Rd
Katy, TX 77494
Oil and Gas Field Machinery and Equipment Manufacturing (NAICS code 333132)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: TX-22
Similar Companies near Katy
In the Katy area, 5 businesses in the "Oil and Gas Field Machinery and Equipment Manufacturing" industry received a PPP loan. These local businesses reported an average of 81 employees (compared to this company's 398) and received an average PPP loan of $1,601,105 (compared to this company's $7.81M).
Similar Nearby Businesses Who Received PPP Funding:
PC3 Technologies, LLC
DN Engineered Equipment Inc
Industry PPP Comparison Statistics
Nationwide, 893 businesses in the "Oil and Gas Field Machinery and Equipment Manufacturing" industry received a total of $361,454,588.00 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 25 employees, 94% lower than Moore Control Systems, Inc.'s reported 398 employees, and received an average PPP loan of $404,764, 95% lower than this company's loan of $7.81M.
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, and is published unmodified, as provided by the SBA.
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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