PPP Loan Data — Pointman Group, LLC, Dallas, TX
Pointman Group, LLC is a limited liability company (LLC) located at 3118 Dorrington Cir in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $25,105.00 in June, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Pointman Group, LLC in Dallas, TX received a Paycheck Protection Loan of $25,105 through Quontic Bank, which was approved in June, 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, Pointman Group, LLC's 2019 payroll expenses are estimated to be at least $120,504.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,252 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pointman Group, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,105
Business Information - Pointman Group, LLC in Dallas, TX
3118 Dorrington Cir
Dallas, TX 75228
Direct Health and Medical Insurance Carriers
NAICS code 524114
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dallas
In the Dallas area, 2 businesses in the "Direct Health and Medical Insurance Carriers" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 2) and received an average PPP loan of $33,743 (compared to this company's $25,105).
Similar Nearby Businesses Who Received PPP Funding:
Evry Healtchare Inc
Industry PPP Comparison Statistics
Nationwide, 4,454 businesses in the "Direct Health and Medical Insurance Carriers" industry received a total of $262.47M 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 7 employees, 250% higher than Pointman Group, LLC's reported 2 employees, and received an average PPP loan of $58,930, 135% higher than this company's loan of $25,105.
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Footnotes & Information
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