PPP Loan Data — Tejas Tubular Products Inc, Houston, TX
Tejas Tubular Products Inc
Location: Houston, TXTweet This • Search All PPP Data
Tejas Tubular Products Inc is a corporation located at 8799 North Loop E in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $4,544,302.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
Tejas Tubular Products Inc in Houston, TX received a Paycheck Protection Loan of $4.54M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tejas Tubular Products Inc's total 2019 payroll expenses were approximately $21.81M in order to qualify for the PPP loan amount received.
Based on their reported 284 jobs retained, this equals an estimated average yearly compensation of $76,805 per employee1.
Business Information - Tejas Tubular Products Inc in Houston, TX
8799 North Loop E
Houston, TX 77029
Metal Service Centers and Other Metal Merchant Wholesalers (NAICS code 423510)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-18
Similar Companies near Houston
In the Houston area, 4 businesses in the "Metal Service Centers and Other Metal Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 73 employees (compared to this company's 284) and received an average PPP loan of $1,681,848 (compared to this company's $4.54M).
Similar Nearby Businesses Who Received PPP Funding:
Sprime Global LLC
MMS Traders LLC
Service Steel Whse Co LP
Industry PPP Comparison Statistics
Nationwide, 2,691 businesses in the "Metal Service Centers and Other Metal Merchant Wholesalers" industry received a total of $697,432,843.00 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 18 employees, 94% lower than Tejas Tubular Products Inc's reported 284 employees, and received an average PPP loan of $259,172, 94% lower than this company's loan of $4.54M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!