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PPP Loan Data — Rogers Ford Sales Inc, Midland, TX

SBA PPP loan data, payroll data, and salaries for Rogers Ford Sales Inc

Rogers Ford Sales Inc

Entity: Corporation

Industry: Automobile Manufacturing

Location: Midland, TX

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Rogers Ford Sales Inc is a corporation located at 4200 W Wall St in Midland, Texas that received a Coronavirus-related PPP loan from the SBA of $2,595,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Rogers Ford Sales Inc in Midland, TX received a Paycheck Protection Loan of $2.6M through FROST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Rogers Ford Sales Inc's total 2019 payroll expenses were approximately $12.46M in order to qualify for the PPP loan amount received.

Based on their reported 194 jobs retained, this equals an estimated average yearly compensation of $64,221 per employee1.

Because the loan received by Rogers Ford Sales Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Rogers Ford Sales Inc in Midland, TX

Rogers Ford Sales Inc
4200 W Wall St
Midland, TX 79703

Business Industry

Automobile Manufacturing (NAICS code 336111)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-11

Industry PPP Comparison Statistics

Nationwide, 372 businesses in the "Automobile Manufacturing" industry received a total of $165,660,729.00 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 31 employees, 84% lower than Rogers Ford Sales Inc's reported 194 employees, and received an average PPP loan of $445,325, 83% lower than this company's loan of $2.6M.

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, and is published unmodified, as provided by the SBA.

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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.

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** This Document Provided By - The Civil Employee's Resource **