PPP Loan Data — Shalepro Energy Services LLC, Houston, PA
Shalepro Energy Services LLC is a limited liability company (LLC) located at 201 S. Johnson Rd in Houston, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $5,274,800.00 in April, 2020.
$ PPP Loan Information
Lender:ATLANTIC UNION BANK
Shalepro Energy Services LLC received a Paycheck Protection Loan of $5.27M through ATLANTIC UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Shalepro Energy Services LLC's total 2019 payroll expenses were approximately $25.32M in order to qualify for the PPP loan amount received.
Based on their reported 288 jobs retained, this equals an estimated average yearly compensation of $87,913 per employee1.
Business Information - Shalepro Energy Services LLC in Houston, PA
201 S. Johnson Rd
Houston, PA 15342
Support Activities for Oil and Gas Operations (NAICS code 213112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-14
Similar Companies near Houston
In the Houston area, 4 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 79 employees (compared to this company's 288) and received an average PPP loan of $1,434,518 (compared to this company's $5.27M).
Similar Nearby Businesses Who Received PPP Funding:
Back Roads Energy Inc.
Sycamore Creek Services, LLC
Industry PPP Comparison Statistics
Nationwide, 11,335 businesses in the "Support Activities for Oil and Gas Operations" industry received a total of $2,439,543,076.00 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 13 employees, 95% lower than Shalepro Energy Services LLC's reported 288 employees, and received an average PPP loan of $215,222, 96% lower than this company's loan of $5.27M.
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Footnotes & Information
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