PPP Loan Data — Plastic Supply Of San Antonio Inc, San Antonio, TX
Plastic Supply Of San Antonio Inc is a corporation located at 318 W Josephine St in San Antonio, Texas that received a Coronavirus-related PPP loan from the SBA of $46,800.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Plastic Supply Of San Antonio Inc in San Antonio, TX received a Paycheck Protection Loan of $46,800 through Frost Bank, 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 April, 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, Plastic Supply Of San Antonio Inc's 2019 payroll expenses are estimated to be at least $224,640.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $37,440 per employee1
Reported PPP Proceed Usage:
On the PPP application, Plastic Supply Of San Antonio Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,800
Business Information - Plastic Supply Of San Antonio Inc in San Antonio, TX
318 W Josephine St
San Antonio, TX 78212
All Other Plastics Product Manufacturing
NAICS code 326199
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near San Antonio
In the San Antonio area, 2 businesses in the "All Other Plastics Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 6) and received an average PPP loan of $35,375 (compared to this company's $46,800).
Similar Nearby Businesses Who Received PPP Funding:
Strategic Industries Inc
San Antonio, TX
Industry PPP Comparison Statistics
Nationwide, 5,013 businesses in the "All Other Plastics Product Manufacturing" industry received a total of $1.67B 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 34 employees, 467% higher than Plastic Supply Of San Antonio Inc's reported 6 employees, and received an average PPP loan of $333,733, 613% higher than this company's loan of $46,800.
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Footnotes & Information
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