PPP Loan Data — Texan Allergy, LLC, Austin, TX
Texan Allergy, LLC
Location: Austin, TXTweet This • Search All PPP Data
Texan Allergy, LLC is a corporation located at 5929 Balcones Dr Suite 301 in Austin, Texas that received a Coronavirus-related PPP loan from the SBA of $1,927,770.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Citizens National Bank
Texan Allergy, LLC in Austin, TX received a Paycheck Protection Loan of $1.93M through Citizens National Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in June, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Texan Allergy, LLC's 2019 payroll expenses are estimated to be at least $9.25M.
Based on their reported 190 jobs retained, this equals an estimated average yearly compensation of $48,702 per employee1
Reported PPP Proceed Usage:
On the PPP application, Texan Allergy, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,800,000
- Utilities: $50,000
- Rent: $77,770
Business Information - Texan Allergy, LLC in Austin, TX
5929 Balcones Dr Suite 301
Austin, TX 78731
Offices of All Other Miscellaneous Health Practitioners
NAICS code 621399
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Austin
In the Austin area, 30 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 19 employees (compared to this company's 190) and received an average PPP loan of $195,098 (compared to this company's $1.93M).
Similar Nearby Businesses Who Received PPP Funding:
Christie Physical Therapy LLC
Aspire Allergy & Sinus Of Florida
Brull & York LLC
Kim Davis, PHD, PLLC
Hippert Consulting LLC
Thrival Nutrition LLC
Schaaf Enterprises, Inc
Tdeth 1 LLC
Industry PPP Comparison Statistics
Nationwide, 64,105 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $2.47B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 5 employees, 97% lower than Texan Allergy, LLC's reported 190 employees, and received an average PPP loan of $38,577, 98% lower than this company's loan of $1.93M.
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