PPP Loan Data — Txsdi 5750, LLC, Stafford, TX
Txsdi 5750, LLC is a limited liability company (LLC) located at 12826 Murphy Rd in Stafford, Texas that received a Coronavirus-related PPP loan from the SBA of $55,300.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 22 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TEXAS GULF BANK, NATIONAL ASSOCIATION
Txsdi 5750, LLC received a Paycheck Protection Loan of $55,300 through TEXAS GULF BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Txsdi 5750, LLC's total 2019 payroll expenses were approximately $265,440 in order to qualify for the PPP loan amount received.
Based on their reported 22 jobs retained, this equals an estimated average yearly compensation of $12,065 per employee1.
Business Information - Txsdi 5750, LLC in Stafford, TX
12826 Murphy Rd
Stafford, TX 77477
Limited-Service Restaurants (NAICS code 722513)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: TX-09
Similar Companies near Stafford
In the Stafford area, 84 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 101 employees (compared to this company's 22) and received an average PPP loan of $992,132 (compared to this company's $55,300).
Similar Nearby Businesses Who Received PPP Funding:
Txsdi 1109 LLC
Kirkwood Road Inc
Txsdi 5858, LLC
Txsdi 4569 LLC
Alkire Subway LLP
Txsdi 3941, LLC
Dogwood Brands Company
Sugar Land, TX
Txsdi 3675, LLC
SDI League City, LLC
Industry PPP Comparison Statistics
Nationwide, 79,996 businesses in the "Limited-Service Restaurants" industry received a total of $9,671,819,152.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, 5% higher than Txsdi 5750, LLC's reported 22 employees, and received an average PPP loan of $120,904, 119% higher than this company's loan of $55,300.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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