PPP Loan Data — Wise Disposal Ventures II, LP, Poolville, TX
Wise Disposal Ventures II, LP is a partnership located at 10027 Highway 199 in Poolville, Texas that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Wise Disposal Ventures II, LP in Poolville, TX received a Paycheck Protection Loan of $25,200 through First Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Wise Disposal Ventures II, LP's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,240 per employee1
Reported PPP Proceed Usage:
On the PPP application, Wise Disposal Ventures II, LP reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - Wise Disposal Ventures II, LP in Poolville, TX
10027 Highway 199
Poolville, TX 76487
Natural Gas Distribution
NAICS code 221210
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 994 businesses in the "Natural Gas Distribution" industry received a total of $143.03M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 11 employees, 175% higher than Wise Disposal Ventures II, LP's reported 4 employees, and received an average PPP loan of $143,891, 471% higher than this company's loan of $25,200.
FederalPay's PPP Information Policy
Footnotes & Information
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