PPP Loan Data — PJC Investments, LLC, Woodway, TX
PJC Investments, LLC is a limited liability company (LLC) located at 204 Woodhew Dr in Woodway, Texas that received a Coronavirus-related PPP loan from the SBA of $2,177,700.00 in April, 2020. This business is a Miracle-Ear franchise.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First National Bank of Central Texas
PJC Investments, LLC in Woodway, TX received a Paycheck Protection Loan of $2.18M through First National Bank of Central Texas, which was approved in April, 2020.
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, PJC Investments, LLC's 2019 payroll expenses are estimated to be at least $10.45M.
Based on their reported 192 jobs retained, this equals an estimated average yearly compensation of $54,443 per employee1
Reported PPP Proceed Usage:
On the PPP application, PJC Investments, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,633,275
- Rent: $544,425
Business Information - PJC Investments, LLC in Woodway, TX
204 Woodhew Dr
Woodway, TX 76712
All Other Health and Personal Care Stores
NAICS code 446199
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Woodway
In the Woodway area, 4 businesses in the "All Other Health and Personal Care Stores" industry received a PPP loan. These local businesses reported an average of 76 employees (compared to this company's 192) and received an average PPP loan of $779,300 (compared to this company's $2.18M).
Similar Nearby Businesses Who Received PPP Funding:
Advanced Prosthetic Research Waco Inc
Industry PPP Comparison Statistics
Nationwide, 14,381 businesses in the "All Other Health and Personal Care Stores" industry received a total of $593.14M 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 5 employees, 97% lower than PJC Investments, LLC's reported 192 employees, and received an average PPP loan of $41,245, 98% lower than this company's loan of $2.18M.
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Footnotes & Information
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