PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Smtih Industries, LLC, Midland, TX

SBA PPP loan data, payroll data, and salaries for Smtih Industries, LLC

Smtih Industries, LLC

Entity: Limited Liability Company (LLC)

Industry: Support Activities for Oil and Gas Operations

Location: Midland, TX

Search All PPP Data

Smtih Industries, LLC is a limited liability company (LLC) located at 3601 E Hwy 158 in Midland, Texas that received a Coronavirus-related PPP loan from the SBA of $3,536,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Smtih Industries, LLC in Midland, TX received a Paycheck Protection Loan of $3.54M through FIRSTCAPITAL BANK OF TEXAS, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Smtih Industries, LLC's total 2019 payroll expenses were approximately $16.97M in order to qualify for the PPP loan amount received.

Based on their reported 178 jobs retained, this equals an estimated average yearly compensation of $95,358 per employee1.

Because the loan received by Smtih Industries, LLC 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 - Smtih Industries, LLC in Midland, TX

Smtih Industries, LLC
3601 E Hwy 158
Midland, TX 79706

Business Industry

Support Activities for Oil and Gas Operations (NAICS code 213112)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-11

Similar Companies near Midland

In the Midland area, 332 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 178) and received an average PPP loan of $305,402 (compared to this company's $3.54M).

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, 93% lower than Smtih Industries, LLC's reported 178 employees, and received an average PPP loan of $215,222, 94% lower than this company's loan of $3.54M.

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.

Search FederalPay's Full PPP Loan Database

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.

Have's open data tools been valuable? Consider donating!

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