PPP Loan Data — Vaden's Acoustics & Drywall, Inc., Fort Worth, TX
Vaden's Acoustics & Drywall, Inc. is a subchapter s corporation located at 8795 Harmon Rd in Fort Worth, Texas that received a Coronavirus-related PPP loan from the SBA of $2,484,875.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 237 people during the applicable loan loan period.
$ PPP Loan Information
Vaden's Acoustics & Drywall, Inc. received a Paycheck Protection Loan of $2.48M through SOUTHSIDE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Vaden's Acoustics & Drywall, Inc.'s total 2019 payroll expenses were approximately $11.93M in order to qualify for the PPP loan amount received.
Based on their reported 237 jobs retained, this equals an estimated average yearly compensation of $50,327 per employee1.
Business Information - Vaden's Acoustics & Drywall, Inc. in Fort Worth, TX
8795 Harmon Rd
Fort Worth, TX 76177
Drywall and Insulation Contractors (NAICS code 238310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: TX-12
Similar Companies near Fort Worth
In the Fort Worth area, 2 businesses in the "Drywall and Insulation Contractors" industry received a PPP loan. These local businesses reported an average of 133 employees (compared to this company's 237) and received an average PPP loan of $1,285,215 (compared to this company's $2.48M).
Similar Nearby Businesses Who Received PPP Funding:
Vaden Plastering, LLC
Fort Worth, TX
Industry PPP Comparison Statistics
Nationwide, 8,671 businesses in the "Drywall and Insulation Contractors" industry received a total of $1,670,996,792.00 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 14 employees, 94% lower than Vaden's Acoustics & Drywall, Inc.'s reported 237 employees, and received an average PPP loan of $192,711, 92% lower than this company's loan of $2.48M.
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Footnotes & Information
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