PPP Loan Data — Randy Roberson, Littlefield, TX
Randy Roberson is a sole proprietorship located at 2611 County Road 213 in Littlefield, Texas that received a Coronavirus-related PPP loan from the SBA of $25,206.00 in April, 2021.
The company has reported itself as a White male owned business, and employed at least three people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Randy Roberson in Littlefield, TX received a Paycheck Protection Loan of $25,206 through Peoples Bank, which was approved in April, 2021.
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, Randy Roberson's 2019 payroll expenses are estimated to be at least $120,989.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,330 per employee1
Reported PPP Proceed Usage:
On the PPP application, Randy Roberson reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,206
Business Information - Randy Roberson in Littlefield, TX
2611 County Road 213
Littlefield, TX 79339
NAICS code 111920
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Littlefield
In the Littlefield area, 49 businesses in the "Cotton Farming" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 3) and received an average PPP loan of $24,197 (compared to this company's $25,206).
Similar Nearby Businesses Who Received PPP Funding:
James Mckinney Jr
Two A Farms Inc
K-N-K Agri, Inc
Flat A Farms Inc
Industry PPP Comparison Statistics
Nationwide, 6,854 businesses in the "Cotton Farming" industry received a total of $184.97M 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 3 employees, the same amount reported by Randy Roberson and received an average PPP loan of $26,987, 7% higher than this company's loan of $25,206.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!