PPP Loan Data — Pelvic Binder Inc, Dallas, TX
Pelvic Binder Inc
Entity: Subchapter S Corporation
Location: Dallas, TXTweet This • Search All PPP Data
Pelvic Binder Inc is a subchapter s corporation located at 3419 Westminster #276 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $46,700.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Commercial Bank of Texas, N.A.
Pelvic Binder Inc in Dallas, TX received a Paycheck Protection Loan of $46,700 through Commercial Bank of Texas, N.A., 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 February, 2021.
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, Pelvic Binder Inc's 2019 payroll expenses are estimated to be at least $224,160.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $28,020 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pelvic Binder Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,700
Business Information - Pelvic Binder Inc in Dallas, TX
3419 Westminster #276
Dallas, TX 75205
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
NAICS code 423450
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dallas
In the Dallas area, 13 businesses in the "Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 8) and received an average PPP loan of $150,288 (compared to this company's $46,700).
Similar Nearby Businesses Who Received PPP Funding:
Surgical Direct South LLC
Advanced Healthcare Technology, LLC
Titan Cryo Inc
Smartbeat Na LLC
Industry PPP Comparison Statistics
Nationwide, 14,443 businesses in the "Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" industry received a total of $1.42B 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 9 employees, 13% higher than Pelvic Binder Inc's reported 8 employees, and received an average PPP loan of $98,382, 111% higher than this company's loan of $46,700.
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