PPP Loan Data — Venture Energy Services Inc, Bridgeport, TX
Venture Energy Services Inc
Location: Bridgeport, TXTweet This • Search All PPP Data
Venture Energy Services Inc is a corporation located at P.o. Box 1234 in Bridgeport, Texas that received a Coronavirus-related PPP loan from the SBA of $2,665,100.00 in April, 2020.
$ PPP Loan Information
Lender:LEGEND BANK, NATIONAL ASSOCIATION
Venture Energy Services Inc received a Paycheck Protection Loan of $2.67M through LEGEND BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Venture Energy Services Inc's total 2019 payroll expenses were approximately $12.79M in order to qualify for the PPP loan amount received.
Based on their reported 184 jobs retained, this equals an estimated average yearly compensation of $69,524 per employee1.
Business Information - Venture Energy Services Inc in Bridgeport, TX
P.o. Box 1234
Bridgeport, TX 76426
Electrical Contractors and Other Wiring Installation Contractors (NAICS code 238210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-13
Industry PPP Comparison Statistics
Nationwide, 44,489 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $8,060,101,877.00 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 12 employees, 93% lower than Venture Energy Services Inc's reported 184 employees, and received an average PPP loan of $181,171, 93% lower than this company's loan of $2.67M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!