PPP Loan Data — Top Deck, Inc, Mauriceville, TX
Top Deck, Inc is a corporation located at 11095 Hwy 62 N in Mauriceville, Texas that received a Coronavirus-related PPP loan from the SBA of $1,539,481.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 150 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First Financial Bank, National Association
Top Deck, Inc in Mauriceville, TX received a Paycheck Protection Loan of $1.54M through First Financial Bank, National Association, 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 March, 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, Top Deck, Inc's 2019 payroll expenses are estimated to be at least $7.39M.
Based on their reported 150 jobs retained, this equals an estimated average yearly compensation of $49,263 per employee1
Reported PPP Proceed Usage:
On the PPP application, Top Deck, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,154,611
- Utilities: $384,870
Business Information - Top Deck, Inc in Mauriceville, TX
11095 Hwy 62 N
Mauriceville, TX 77632
All Other Specialty Trade Contractors
NAICS code 238990
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Mauriceville
In the Mauriceville area, 7 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 44 employees (compared to this company's 150) and received an average PPP loan of $514,723 (compared to this company's $1.54M).
Similar Nearby Businesses Who Received PPP Funding:
Top Deck Inc
Duhon Construction LLC
A-1 American Fence, Inc
Wicho's Mobile Home Movers
Industry PPP Comparison Statistics
Nationwide, 93,400 businesses in the "All Other Specialty Trade Contractors" industry received a total of $8.04B 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 8 employees, 95% lower than Top Deck, Inc's reported 150 employees, and received an average PPP loan of $86,076, 94% lower than this company's loan of $1.54M.
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Footnotes & Information
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