PPP Loan Data — Propath Holdings, PLLC, Dallas, TX
Propath Holdings, PLLC is a limited liability company (LLC) located at 1355 River Bend Dr in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $7,459,700.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 471 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TEXAS SECURITY BANK
Propath Holdings, PLLC received a Paycheck Protection Loan of $7.46M through TEXAS SECURITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Propath Holdings, PLLC's total 2019 payroll expenses were approximately $35.81M in order to qualify for the PPP loan amount received.
Based on their reported 471 jobs retained, this equals an estimated average yearly compensation of $76,022 per employee1.
Business Information - Propath Holdings, PLLC in Dallas, TX
1355 River Bend Dr
Dallas, TX 75247
Medical Laboratories (NAICS code 621511)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: TX-30
Similar Companies near Dallas
In the Dallas area, 2 businesses in the "Medical Laboratories" industry received a PPP loan. These local businesses reported an average of 241 employees (compared to this company's 471) and received an average PPP loan of $3,773,040 (compared to this company's $7.46M).
Similar Nearby Businesses Who Received PPP Funding:
KAI Medical Laboratory LLC
Industry PPP Comparison Statistics
Nationwide, 3,529 businesses in the "Medical Laboratories" industry received a total of $652,578,027.00 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 15 employees, 97% lower than Propath Holdings, PLLC's reported 471 employees, and received an average PPP loan of $184,919, 98% lower than this company's loan of $7.46M.
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Footnotes & Information
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