PPP Loan Data — Professional Packaging Systems, LLC, Grand Prairie, TX
Professional Packaging Systems, LLC is a subchapter s corporation located at 2010 S. Great Southwest Pkwy in Grand Prairie, Texas that received a Coronavirus-related PPP loan from the SBA of $6,021,200.00 in April, 2020.
$ PPP Loan Information
Professional Packaging Systems, LLC in Grand Prairie, TX received a Paycheck Protection Loan of $6.02M through FROST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Professional Packaging Systems, LLC's total 2019 payroll expenses were approximately $28.9M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $57,804 per employee1.
Business Information - Professional Packaging Systems, LLC in Grand Prairie, TX
2010 S. Great Southwest Pkwy
Grand Prairie, TX 75051
Other Snack Food Manufacturing (NAICS code 311919)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-33
Industry PPP Comparison Statistics
Nationwide, 616 businesses in the "Other Snack Food Manufacturing" industry received a total of $147,174,433.00 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 22 employees, 96% lower than Professional Packaging Systems, LLC's reported 500 employees, and received an average PPP loan of $238,920, 96% lower than this company's loan of $6.02M.
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Footnotes & Information
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