FederalPay.org
PPP Loan Data — United Chester Industries, Inc.,
Dallas, TX
United Chester Industries, Inc.
Entity: Subchapter S Corporation
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Dallas, TX
Tweet This
•
Search All PPP Data
United Chester Industries, Inc. is a subchapter s corporation located at 11540 Plano Rd in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $3,304,279.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
218Loan Approved:
2020-04-08Lender:
INWOOD NATIONAL BANKUnited Chester Industries, Inc. in Dallas, TX received a Paycheck Protection Loan of $3.3M through INWOOD NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, United Chester Industries, Inc.'s total 2019 payroll expenses were approximately $15.86M in order to qualify for the PPP loan amount received.
Based on their reported 218 jobs retained, this equals an estimated average yearly compensation of $72,755 per employee1.
Business Information - United Chester Industries, Inc. in Dallas, TX
11540 Plano Rd
Dallas, TX 75243
Business Industry
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TX-05Similar Companies near Dallas
In the Dallas area, 8 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 218) and received an average PPP loan of $511,729 (compared to this company's $3.3M).
Similar Nearby Businesses Who Received PPP Funding:
HAU's Plumbing, Inc.
Dallas, TX
Aire Texas Residential Services Inc
Dallas, TX
Advantis Services, Inc.
Farmers Branch, TX
Metro North Plumbing, Inc.
Farmers Branch, TX
Air Patrol Air Conditioning, Heating & Fireplaces
Dallas, TX
Too Dash Group, LTD Co DBA Precision Plumbing
Dallas, TX
Malone HVAC, LLC
Dallas, TX
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 95% lower than United Chester Industries, Inc.'s reported 218 employees, and received an average PPP loan of $154,981, 95% lower than this company's loan of $3.3M.
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, and is published unmodified, as provided by the SBA.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!