PPP Loan Data — Wingfoot Enterprises, Inc., Spring, TX
Wingfoot Enterprises, Inc. is a corporation located at 5726 Root Rd. in Spring, Texas that received a Coronavirus-related PPP loan from the SBA of $3,444,977.00 in April, 2020.
$ PPP Loan Information
Wingfoot Enterprises, Inc. received a Paycheck Protection Loan of $3.44M through ORIGIN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wingfoot Enterprises, Inc.'s total 2019 payroll expenses were approximately $16.54M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $33,072 per employee1.
Business Information - Wingfoot Enterprises, Inc. in Spring, TX
5726 Root Rd.
Spring, TX 77389
Temporary Help Services (NAICS code 561320)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-08
Similar Companies near Spring
In the Spring area, 3 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 176 employees (compared to this company's 500) and received an average PPP loan of $1,252,745 (compared to this company's $3.44M).
Similar Nearby Businesses Who Received PPP Funding:
Certified Service Management LLC
Industry PPP Comparison Statistics
Nationwide, 4,404 businesses in the "Temporary Help Services" industry received a total of $2,681,304,257.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 61 employees, 88% lower than Wingfoot Enterprises, Inc.'s reported 500 employees, and received an average PPP loan of $608,834, 82% lower than this company's loan of $3.44M.
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Footnotes & Information
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