PPP Loan Data — Power Rental Solutions, LLC, Pearland, TX
Power Rental Solutions, LLC
Entity: Limited Liability Company (LLC)
Location: Pearland, TXTweet This • Search All PPP Data
Power Rental Solutions, LLC is a limited liability company (LLC) located at 4300 Rice Drier Road in Pearland, Texas that received a Coronavirus-related PPP loan from the SBA of $2,445,185.00 in April, 2020.
$ PPP Loan Information
Lender:TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
Power Rental Solutions, LLC received a Paycheck Protection Loan of $2.45M through TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Power Rental Solutions, LLC's total 2019 payroll expenses were approximately $11.74M in order to qualify for the PPP loan amount received.
Based on their reported 122 jobs retained, this equals an estimated average yearly compensation of $96,204 per employee1.
Business Information - Power Rental Solutions, LLC in Pearland, TX
4300 Rice Drier Road
Pearland, TX 77581
Other Commercial and Industrial Machinery and Equipment Rental and Leasing (NAICS code 532490)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-22
Industry PPP Comparison Statistics
Nationwide, 4,159 businesses in the "Other Commercial and Industrial Machinery and Equipment Rental and Leasing" industry received a total of $707,533,609.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 13 employees, 89% lower than Power Rental Solutions, LLC's reported 122 employees, and received an average PPP loan of $170,121, 93% lower than this company's loan of $2.45M.
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Footnotes & Information
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