PPP Loan Data — Perfx Wireline Services, LLC, Denver, CO
Perfx Wireline Services, LLC is a limited liability company (LLC) located at 1525 Raleigh St, Suite 500 in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $8,259,400.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Perfx Wireline Services, LLC received a Paycheck Protection Loan of $8.26M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Perfx Wireline Services, LLC's total 2019 payroll expenses were approximately $39.65M in order to qualify for the PPP loan amount received.
Based on their reported 414 jobs retained, this equals an estimated average yearly compensation of $95,761 per employee1.
Business Information - Perfx Wireline Services, LLC in Denver, CO
1525 Raleigh St, Suite 500
Denver, CO 80204
Support Activities for Oil and Gas Operations (NAICS code 213112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-01
Similar Companies near Denver
In the Denver area, 8 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 54 employees (compared to this company's 414) and received an average PPP loan of $1,063,092 (compared to this company's $8.26M).
Similar Nearby Businesses Who Received PPP Funding:
Valeen Energy LLC
Gere Land Services, LLC
OFS Support Services, LLC
Agora Energy Services LLC
Air Basics, Inc
Dubya Oliver Catfish LLC
Vanoco Energy Solutions 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, 97% lower than Perfx Wireline Services, LLC's reported 414 employees, and received an average PPP loan of $215,222, 97% lower than this company's loan of $8.26M.
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.
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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