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PPP Loan Data — Pate Rehabilitation Endeavors, Inc, Dallas, TX

SBA PPP loan data, payroll data, and salaries for Pate Rehabilitation Endeavors, Inc
TX

Pate Rehabilitation Endeavors, Inc

Entity: Corporation

Industry: Offices of Physical, Occupational and Speech Therapists, and Audiologists

Location: Dallas, TX

Search All PPP Data

Pate Rehabilitation Endeavors, Inc is a corporation located at 2655 Villa Creek Dr in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $3,764,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.76M

Jobs Retained:

0 Unreported

Loan Approved:

2020-04-07

Lender:

INDEPENDENT BANK

Pate Rehabilitation Endeavors, Inc received a Paycheck Protection Loan of $3.76M through INDEPENDENT BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Pate Rehabilitation Endeavors, Inc's total 2019 payroll expenses were approximately $18.07M in order to qualify for the PPP loan amount received.

Unlike most businesses, Pate Rehabilitation Endeavors, Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Because the loan received by Pate Rehabilitation Endeavors, Inc 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 - Pate Rehabilitation Endeavors, Inc in Dallas, TX

Pate Rehabilitation Endeavors, Inc
2655 Villa Creek Dr
Dallas, TX 75234

Business Industry

Offices of Physical, Occupational and Speech Therapists, and Audiologists (NAICS code 621340)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-24

Similar Companies near Dallas

In the Dallas area, 3 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 0) and received an average PPP loan of $1,283,160 (compared to this company's $3.76M).

Industry PPP Comparison Statistics

Nationwide, 21,136 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a total of $1,682,147,868.00 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 8 employees, and received an average PPP loan of $79,587, 98% lower than this company's loan of $3.76M.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/pate-rehabilitation-endeavors-inc-dallas-tx