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PPP Loan Data — Salinas Express LLC, Zapata, TX

SBA PPP loan data, payroll data, and salaries for Salinas Express LLC
TX

Salinas Express LLC

Entity: Limited Liability Company (LLC)

Industry: General Freight Trucking, Long-Distance, Truckload

Location: Zapata, TX

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Salinas Express LLC is a limited liability company (LLC) located in Zapata, Texas that received a Coronavirus-related PPP loan from the SBA of $20,832.00 in May, 2021.

The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #6044879010

Loan Size:

$20,832

Jobs Retained:

1

Loan Approved:

2021-05-22

Loan Status:

Ongoing Loan

Lender:

Capital Plus Financial, LLC

Salinas Express LLC in Zapata, TX received a Paycheck Protection Loan of $20,832 through Capital Plus Financial, LLC, which was approved in May, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA. The loan's status was last updated by the SBA in November, -0001.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Salinas Express LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,831

Business Information - Salinas Express LLC in Zapata, TX

Salinas Express LLC
Zapata, TX
* Full address is redacted to protect the privacy of individuals.

Business Industry:
General Freight Trucking, Long-Distance, Truckload
NAICS code 484121

Business Owner Demographics

Race: White

Ethnicity: Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Urban

Zapata County, TX — SBA Office 0639 — Congressional District: TX-28

Similar Companies near Zapata

In the Zapata area, 7 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $19,504 (compared to this company's $20,832).

Industry PPP Comparison Statistics

Nationwide, 112,754 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $4.56B 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 4 employees, 300% higher than Salinas Express LLC's reported 1 employees, and received an average PPP loan of $40,459, 94% higher than this company's loan of $20,832.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. 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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Source: www.federalpay.org/paycheck-protection-program/salinas-express-llc-zapata-tx