PPP Loan Data — Piping Technology & Products, Inc., Houston, TX
Piping Technology & Products, Inc.
Location: Houston, TXTweet This • Search All PPP Data
Piping Technology & Products, Inc. is a corporation located at 3701 Holmes Rd in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $4,579,289.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Piping Technology & Products, Inc. in Houston, TX received a Paycheck Protection Loan of $4.58M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Piping Technology & Products, Inc.'s total 2019 payroll expenses were approximately $21.98M in order to qualify for the PPP loan amount received.
Based on their reported 460 jobs retained, this equals an estimated average yearly compensation of $47,784 per employee1.
Business Information - Piping Technology & Products, Inc. in Houston, TX
3701 Holmes Rd
Houston, TX 77051
All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS code 332999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-09
Industry PPP Comparison Statistics
Nationwide, 4,328 businesses in the "All Other Miscellaneous Fabricated Metal Product Manufacturing" industry received a total of $1,219,008,137.00 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 22 employees, 95% lower than Piping Technology & Products, Inc.'s reported 460 employees, and received an average PPP loan of $281,656, 94% lower than this company's loan of $4.58M.
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Footnotes & Information
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