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PPP Loan Data — Power Plumbing, Inc, Hockley, TX

SBA PPP loan data, payroll data, and salaries for Power Plumbing, Inc

Power Plumbing, Inc

Entity: Employee Stock Ownership Plan (esop)

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: Hockley, TX

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Power Plumbing, Inc is an employee stock ownership plan (esop) located at 36310 Hempstead Rd in Hockley, Texas that received a Coronavirus-related PPP loan from the SBA of $3,265,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Power Plumbing, Inc in Hockley, TX received a Paycheck Protection Loan of $3.27M through FROST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Power Plumbing, Inc's total 2019 payroll expenses were approximately $15.67M in order to qualify for the PPP loan amount received.

Based on their reported 276 jobs retained, this equals an estimated average yearly compensation of $56,790 per employee1.

Because the loan received by Power Plumbing, Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Power Plumbing, Inc in Hockley, TX

Power Plumbing, Inc
36310 Hempstead Rd
Hockley, TX 77447

Business Industry

Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-10

Similar Companies near Hockley

In the Hockley area, 9 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 276) and received an average PPP loan of $428,873 (compared to this company's $3.27M).

Industry PPP Comparison Statistics

Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 96% lower than Power Plumbing, Inc's reported 276 employees, and received an average PPP loan of $154,981, 95% lower than this company's loan of $3.27M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

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** This Document Provided By - The Civil Employee's Resource **