PPP Loan Data — SMC Holding Company LLC, Fort Worth, TX
SMC Holding Company LLC is a limited liability company (LLC) located at 600 E Exchange Ave in Fort Worth, Texas that received a Coronavirus-related PPP loan from the SBA of $8,511,237.00 in April, 2020.
$ PPP Loan Information
SMC Holding Company LLC in Fort Worth, TX received a Paycheck Protection Loan of $8.51M through BBVA USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, SMC Holding Company LLC's total 2019 payroll expenses were approximately $40.85M 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 $81,708 per employee1.
Business Information - SMC Holding Company LLC in Fort Worth, TX
600 E Exchange Ave
Fort Worth, TX 76164
Meat Processed from Carcasses (NAICS code 311612)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-33
Industry PPP Comparison Statistics
Nationwide, 867 businesses in the "Meat Processed from Carcasses" industry received a total of $314,630,695.00 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 35 employees, 93% lower than SMC Holding Company LLC's reported 500 employees, and received an average PPP loan of $362,896, 96% lower than this company's loan of $8.51M.
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Footnotes & Information
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