PPP Loan Data — Scoobeez, Inc., Austin, TX
Scoobeez, Inc. is a corporation located at West Ave in Austin, Texas that received a Coronavirus-related PPP loan from the SBA of $4,730,500.00 in August, 2020.
$ PPP Loan Information
Lender:NEWTEK SMALL BUSINESS FINANCE, INC.
Scoobeez, Inc. in Austin, TX received a Paycheck Protection Loan of $4.73M through NEWTEK SMALL BUSINESS FINANCE, INC., which was approved in August, 2020.
Based on standard PPP eligibility rules, Scoobeez, Inc.'s total 2019 payroll expenses were approximately $22.71M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $45,413 per employee1.
Business Information - Scoobeez, Inc. in Austin, TX
Austin, TX 78701
General Freight Trucking, Local (NAICS code 484110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-21
Similar Companies near Austin
In the Austin area, 8 businesses in the "General Freight Trucking, Local" industry received a PPP loan. These local businesses reported an average of 72 employees (compared to this company's 500) and received an average PPP loan of $622,776 (compared to this company's $4.73M).
Similar Nearby Businesses Who Received PPP Funding:
Next Level Valet And Parking
Boteco Food Truck LLC
Industry PPP Comparison Statistics
Nationwide, 63,007 businesses in the "General Freight Trucking, Local" industry received a total of $3,835,780,964.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than Scoobeez, Inc.'s reported 500 employees, and received an average PPP loan of $60,879, 99% lower than this company's loan of $4.73M.
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Footnotes & Information
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