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PPP Loan Data — Weitzman Management Corporation,
Dallas, TX
Weitzman Management Corporation
Entity: Subchapter S Corporation
Industry: Nonresidential Property Managers
Location: Dallas, TX
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Weitzman Management Corporation is a subchapter s corporation located at 3102 Maple Avenue, Suite 500 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $3,321,692.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
232Loan Approved:
2020-04-09Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONWeitzman Management Corporation received a Paycheck Protection Loan of $3.32M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Weitzman Management Corporation's total 2019 payroll expenses were approximately $15.94M in order to qualify for the PPP loan amount received.
Based on their reported 232 jobs retained, this equals an estimated average yearly compensation of $68,725 per employee1.
Business Information - Weitzman Management Corporation in Dallas, TX
3102 Maple Avenue, Suite 500
Dallas, TX 75201
Business Industry
Nonresidential Property Managers (NAICS code 531312)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TX-30Similar Companies near Dallas
In the Dallas area, 14 businesses in the "Nonresidential Property Managers" industry received a PPP loan. These local businesses reported an average of 67 employees (compared to this company's 232) and received an average PPP loan of $923,538 (compared to this company's $3.32M).
Similar Nearby Businesses Who Received PPP Funding:
Woods Capital Property Management LLC
Dallas, TX
Railway Valley, LLC
Dallas, TX
Mockingbird Partners, LP
Dallas, TX
Billingsley Property Services II Inc
Dallas, TX
Nexvest Realty Advisors, LLC
Dallas, TX
Stonehawk Capital Partners, LLC
Dallas, TX
Southern Asset Service Corp
Dallas, TX
Woods Capital Management LLC
Dallas, TX
Industry PPP Comparison Statistics
Nationwide, 7,563 businesses in the "Nonresidential Property Managers" industry received a total of $894,646,174.00 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 10 employees, 96% lower than Weitzman Management Corporation's reported 232 employees, and received an average PPP loan of $118,292, 96% lower than this company's loan of $3.32M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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