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PPP Loan Data — Nations Cabinetry, LLC, San Antonio, TX

SBA PPP loan data, payroll data, and salaries for Nations Cabinetry, LLC
TX

Nations Cabinetry, LLC

Entity: Limited Liability Company (LLC)

Industry: All Other Specialty Trade Contractors

Location: San Antonio, TX

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Nations Cabinetry, LLC is a limited liability company (LLC) located at 4600 W Us Highway 90 in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $4,174,900.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 499 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$4.17M

Jobs Retained:

499

Loan Approved:

2020-04-13

Lender:

FROST BANK

Nations Cabinetry, LLC received a Paycheck Protection Loan of $4.17M through FROST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Nations Cabinetry, LLC's total 2019 payroll expenses were approximately $20.04M in order to qualify for the PPP loan amount received.

Based on their reported 499 jobs retained, this equals an estimated average yearly compensation of $40,159 per employee1.

Because the loan received by Nations Cabinetry, LLC 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 - Nations Cabinetry, LLC in San Antonio, TX

Nations Cabinetry, LLC
4600 W Us Highway 90
San Antonio, TX 78237

Business Industry

All Other Specialty Trade Contractors (NAICS code 238990)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: TX-20

Similar Companies near San Antonio

In the San Antonio area, 2 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 250 employees (compared to this company's 499) and received an average PPP loan of $2,088,900 (compared to this company's $4.17M).

Similar Nearby Businesses Who Received PPP Funding:

MOY Boyz, Inc.
Leon Valley, TX

$2,900 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 44,474 businesses in the "All Other Specialty Trade Contractors" industry received a total of $5,068,221,395.00 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 9 employees, 98% lower than Nations Cabinetry, LLC's reported 499 employees, and received an average PPP loan of $113,959, 97% lower than this company's loan of $4.17M.

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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Source: www.federalpay.org/paycheck-protection-program/nations-cabinetry-llc-san-antonio-tx