PPP Loan Data — Suhm Spring Works, Inc, Houston, TX
Suhm Spring Works, Inc is a subchapter s corporation located at 14650 Heathrow Forest Parkway in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $2,545,300.00 in April, 2020.
$ PPP Loan Information
Lender:BOKF, NATIONAL ASSOCIATION
Suhm Spring Works, Inc in Houston, TX received a Paycheck Protection Loan of $2.55M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Suhm Spring Works, Inc's total 2019 payroll expenses were approximately $12.22M in order to qualify for the PPP loan amount received.
Based on their reported 186 jobs retained, this equals an estimated average yearly compensation of $65,685 per employee1.
Business Information - Suhm Spring Works, Inc in Houston, TX
14650 Heathrow Forest Parkway
Houston, TX 77032
Spring Manufacturing (NAICS code 332613)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-29
Industry PPP Comparison Statistics
Nationwide, 198 businesses in the "Spring Manufacturing" industry received a total of $96,911,372.00 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 34 employees, 82% lower than Suhm Spring Works, Inc's reported 186 employees, and received an average PPP loan of $489,451, 81% lower than this company's loan of $2.55M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!