PPP Loan Data — Urban Oil & Gas Group, LLC, Plano, TX
Urban Oil & Gas Group, LLC is a corporation located at 1000 E 14th St in Plano, Texas that received a Coronavirus-related PPP loan from the SBA of $3,112,200.00 in April, 2020.
$ PPP Loan Information
Lender:BOKF, NATIONAL ASSOCIATION
Urban Oil & Gas Group, LLC in Plano, TX received a Paycheck Protection Loan of $3.11M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Urban Oil & Gas Group, LLC's total 2019 payroll expenses were approximately $14.94M in order to qualify for the PPP loan amount received.
Based on their reported 168 jobs retained, this equals an estimated average yearly compensation of $88,920 per employee1.
Business Information - Urban Oil & Gas Group, LLC in Plano, TX
1000 E 14th St
Plano, TX 75074
Drilling Oil and Gas Wells (NAICS code 213111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-03
Similar Companies near Plano
In the Plano area, 3 businesses in the "Drilling Oil and Gas Wells" industry received a PPP loan. These local businesses reported an average of 63 employees (compared to this company's 168) and received an average PPP loan of $1,146,574 (compared to this company's $3.11M).
Similar Nearby Businesses Who Received PPP Funding:
Bayne Mineral Systems, Inc.
Industry PPP Comparison Statistics
Nationwide, 2,946 businesses in the "Drilling Oil and Gas Wells" industry received a total of $499,833,830.00 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 11 employees, 93% lower than Urban Oil & Gas Group, LLC's reported 168 employees, and received an average PPP loan of $169,665, 95% lower than this company's loan of $3.11M.
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Footnotes & Information
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