PPP Loan Data — VBM Acquisition, LLC, Boerne, TX
VBM Acquisition, LLC is a limited liability company (LLC) located at 13205 Interstate 10 in Boerne, Texas that received a Coronavirus-related PPP loan from the SBA of $2,630,500.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
VBM Acquisition, LLC in Boerne, TX received a Paycheck Protection Loan of $2.63M through FROST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, VBM Acquisition, LLC's total 2019 payroll expenses were approximately $12.63M in order to qualify for the PPP loan amount received.
Unlike most businesses, VBM Acquisition, LLC'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.
Business Information - VBM Acquisition, LLC in Boerne, TX
13205 Interstate 10
Boerne, TX 78006
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-21
Similar Companies near Boerne
In the Boerne area, 9 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 38 employees (compared to this company's 0) and received an average PPP loan of $875,634 (compared to this company's $2.63M).
Similar Nearby Businesses Who Received PPP Funding:
Cadillac Custom Homes
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Cavender Boerne Acquistion Of Texas, LTD
Classic Autoplex F LLC
Auto Trim Design Of The Texas
Texas Skyways, Inc.
Industry PPP Comparison Statistics
Nationwide, 16,570 businesses in the "New Car Dealers" industry received a total of $10,869,996,969.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 47 employees, and received an average PPP loan of $656,005, 75% lower than this company's loan of $2.63M.
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Footnotes & Information
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