PPP Loan Data — Paisano Service & Supply Inc., Cuero, TX
Paisano Service & Supply Inc. is a corporation located at 751 Us Highway 183 in Cuero, Texas that received a Coronavirus-related PPP loan from the SBA of $3,904,300.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST COMMUNITY BANK
Paisano Service & Supply Inc. received a Paycheck Protection Loan of $3.9M through FIRST COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Paisano Service & Supply Inc.'s total 2019 payroll expenses were approximately $18.74M in order to qualify for the PPP loan amount received.
Based on their reported 220 jobs retained, this equals an estimated average yearly compensation of $85,185 per employee1.
Business Information - Paisano Service & Supply Inc. in Cuero, TX
751 Us Highway 183
Cuero, TX 77954
Support Activities for Oil and Gas Operations (NAICS code 213112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-34
Similar Companies near Cuero
In the Cuero area, 9 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 220) and received an average PPP loan of $611,965 (compared to this company's $3.9M).
Similar Nearby Businesses Who Received PPP Funding:
Industrial Enamel & Supply Inc
Mcmahan Services, LTD
R Katz Tool And Supply LLC
BRB Concepts LLC
Meyersville Swd LLC
Larry Mchorse Services LLC
Industry PPP Comparison Statistics
Nationwide, 11,335 businesses in the "Support Activities for Oil and Gas Operations" industry received a total of $2,439,543,076.00 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 13 employees, 94% lower than Paisano Service & Supply Inc.'s reported 220 employees, and received an average PPP loan of $215,222, 94% lower than this company's loan of $3.9M.
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