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PPP Loan Data — Star Of Hope Mission, Houston, TX

SBA PPP loan data, payroll data, and salaries for Star Of Hope Mission
TX Nonprofit Organization

Star Of Hope Mission

Entity: Non-profit Organization

Industry: Temporary Shelters

Location: Houston, TX

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Star Of Hope Mission is a non-profit organization located at 4848 Loop Central Drive #500 in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $2,495,800.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Star Of Hope Mission received a Paycheck Protection Loan of $2.5M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.

Based on standard PPP eligibility rules, Star Of Hope Mission's total 2019 payroll expenses were approximately $11.98M in order to qualify for the PPP loan amount received.

Based on their reported 210 jobs retained, this equals an estimated average yearly compensation of $57,047 per employee1.

Because the loan received by Star Of Hope Mission 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 - Star Of Hope Mission in Houston, TX

Star Of Hope Mission
4848 Loop Central Drive #500
Houston, TX 77081

Business Industry

Temporary Shelters (NAICS code 624221)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-07

Industry PPP Comparison Statistics

Nationwide, 1,404 businesses in the "Temporary Shelters" industry received a total of $279,074,363.00 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 24 employees, 89% lower than Star Of Hope Mission's reported 210 employees, and received an average PPP loan of $198,771, 92% lower than this company's loan of $2.5M.

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.

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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.

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