PPP Loan Data — Planning Design Research Corporation, Houston, TX
Planning Design Research Corporation is a corporation located at 909 Fannin St Fl 39 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $1,817,957.00 in January, 2021.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of Houston, National Association
Planning Design Research Corporation in Houston, TX received a Paycheck Protection Loan of $1.82M through Bank of Houston, National Association, which was approved in January, 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, Planning Design Research Corporation's 2019 payroll expenses are estimated to be at least $8.73M.
Based on their reported 131 jobs retained, this equals an estimated average yearly compensation of $66,612 per employee1
Reported PPP Proceed Usage:
On the PPP application, Planning Design Research Corporation reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,817,954
- Utilities: $1
Business Information - Planning Design Research Corporation in Houston, TX
909 Fannin St Fl 39
Houston, TX 77010
NAICS code 541310
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Houston
In the Houston area, 3 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 88 employees (compared to this company's 131) and received an average PPP loan of $1,218,205 (compared to this company's $1.82M).
Similar Nearby Businesses Who Received PPP Funding:
Julio A Delcarpio
Planning Design & Research
Industry PPP Comparison Statistics
Nationwide, 29,037 businesses in the "Architectural Services" industry received a total of $3.76B 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 8 employees, 94% lower than Planning Design Research Corporation's reported 131 employees, and received an average PPP loan of $129,489, 93% lower than this company's loan of $1.82M.
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Footnotes & Information
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