PPP Loan Data — Volunteers Of America Texas, Inc., Euless, TX
Volunteers Of America Texas, Inc. is a non-profit organization located at 300 East Midway Drive in Euless, Texas that received a Coronavirus-related PPP loan from the SBA of $2,475,700.00 in April, 2020.
$ PPP Loan Information
Volunteers Of America Texas, Inc. in Euless, TX received a Paycheck Protection Loan of $2.48M through INDEPENDENT BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Volunteers Of America Texas, Inc.'s total 2019 payroll expenses were approximately $11.88M in order to qualify for the PPP loan amount received.
Based on their reported 330 jobs retained, this equals an estimated average yearly compensation of $36,010 per employee1.
Business Information - Volunteers Of America Texas, Inc. in Euless, TX
300 East Midway Drive
Euless, TX 76039
Other Social Advocacy Organizations (NAICS code 813319)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-24
Industry PPP Comparison Statistics
Nationwide, 5,930 businesses in the "Other Social Advocacy Organizations" industry received a total of $1,048,421,927.00 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 17 employees, 95% lower than Volunteers Of America Texas, Inc.'s reported 330 employees, and received an average PPP loan of $176,800, 93% lower than this company's loan of $2.48M.
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Footnotes & Information
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