PPP Loan Data — Oasis Pest Control, Marble Falls, TX
Oasis Pest Control is a sole proprietorship located at 2017 County Road 120 in Marble Falls, Texas that received a Coronavirus-related PPP loan from the SBA of $24,900.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First United Bank and Trust Company
Oasis Pest Control in Marble Falls, TX received a Paycheck Protection Loan of $24,900 through First United Bank and Trust Company, 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 December, 2020.
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, Oasis Pest Control's 2019 payroll expenses are estimated to be at least $119,520.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $39,840 per employee1
Reported PPP Proceed Usage:
On the PPP application, Oasis Pest Control reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,900
Business Information - Oasis Pest Control in Marble Falls, TX
2017 County Road 120
Marble Falls, TX 78654
Exterminating and Pest Control Services
NAICS code 561710
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Marble Falls
In the Marble Falls area, 3 businesses in the "Exterminating and Pest Control Services" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $34,933 (compared to this company's $24,900).
Similar Nearby Businesses Who Received PPP Funding:
America's Best Pest Control Company, Inc
Marble Falls, TX
Marble Falls Pest Control, Inc
Marble Falls, TX
Industry PPP Comparison Statistics
Nationwide, 11,446 businesses in the "Exterminating and Pest Control Services" industry received a total of $713.27M 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 8 employees, 167% higher than Oasis Pest Control's reported 3 employees, and received an average PPP loan of $62,316, 150% higher than this company's loan of $24,900.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!