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PPP Loan Data — United Protective Services Of South Texas LP, Dallas, TX

SBA PPP loan data, payroll data, and salaries for United Protective Services Of South Texas LP
TX

United Protective Services Of South Texas LP

Entity: Limited Liability Partnership

Industry: Security Guards and Patrol Services

Location: Dallas, TX

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United Protective Services Of South Texas LP is a limited liability partnership located at 6500 Greenville Ave, Ste 525 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $2,508,300.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$2.51M

Jobs Retained:

0 Unreported

Loan Approved:

2020-05-04

Lender:

SIMMONS BANK

United Protective Services Of South Texas LP in Dallas, TX received a Paycheck Protection Loan of $2.51M through SIMMONS BANK, which was approved in May, 2020.

Based on standard PPP eligibility rules, United Protective Services Of South Texas LP's total 2019 payroll expenses were approximately $12.04M in order to qualify for the PPP loan amount received.

Unlike most businesses, United Protective Services Of South Texas LP's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Because the loan received by United Protective Services Of South Texas LP is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - United Protective Services Of South Texas LP in Dallas, TX

United Protective Services Of South Texas LP
6500 Greenville Ave, Ste 525
Dallas, TX 75206

Business Industry

Security Guards and Patrol Services (NAICS code 561612)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-32

Similar Companies near Dallas

In the Dallas area, 7 businesses in the "Security Guards and Patrol Services" industry received a PPP loan. These local businesses reported an average of 0 employees (compared to this company's 0) and received an average PPP loan of $747,329 (compared to this company's $2.51M).

Industry PPP Comparison Statistics

Nationwide, 4,165 businesses in the "Security Guards and Patrol Services" industry received a total of $1,003,129,142.00 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 36 employees, and received an average PPP loan of $240,847, 90% lower than this company's loan of $2.51M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/united-protective-services-of-south-texas-lp-dallas-tx