FederalPay.org
PPP Loan Data — Refined Technologies Inc,
Spring, TX
Refined Technologies Inc
Entity: Corporation
Industry: Process, Physical Distribution, and Logistics Consulting Services
Location: Spring, TX
Tweet This
•
Search All PPP Data
Refined Technologies Inc is a corporation located at 480 Wildwood Forest Dr, Suite 400 in Spring, Texas that received a Coronavirus-related PPP loan from the SBA of $4,052,200.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 206 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
206Loan Approved:
2020-04-07Lender:
BANCFIRSTRefined Technologies Inc received a Paycheck Protection Loan of $4.05M through BANCFIRST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Refined Technologies Inc's total 2019 payroll expenses were approximately $19.45M in order to qualify for the PPP loan amount received.
Based on their reported 206 jobs retained, this equals an estimated average yearly compensation of $94,420 per employee1.
Business Information - Refined Technologies Inc in Spring, TX
480 Wildwood Forest Dr, Suite 400
Spring, TX 77380
Business Industry
Process, Physical Distribution, and Logistics Consulting Services (NAICS code 541614)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: TX-08Similar Companies near Spring
In the Spring area, 4 businesses in the "Process, Physical Distribution, and Logistics Consulting Services" industry received a PPP loan. These local businesses reported an average of 52 employees (compared to this company's 206) and received an average PPP loan of $1,026,383 (compared to this company's $4.05M).
Similar Nearby Businesses Who Received PPP Funding:
Blanton Advisors, LLC
Spring, TX
American Slickline Tools, Inc.
Spring, TX
Mythuy Cieslar DBA Mythuy Cieslar
The Woodlands, TX
Industry PPP Comparison Statistics
Nationwide, 4,460 businesses in the "Process, Physical Distribution, and Logistics Consulting Services" industry received a total of $676,111,064.00 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 12 employees, 94% lower than Refined Technologies Inc's reported 206 employees, and received an average PPP loan of $151,594, 96% lower than this company's loan of $4.05M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!