PPP Loan Data — Worldwide Machinery, LTD, Houston, TX
Worldwide Machinery, LTD
Location: Houston, TXTweet This • Search All PPP Data
Worldwide Machinery, LTD is a partnership located at 2200 Post Oak Blvd. in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $3,591,548.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Worldwide Machinery, LTD received a Paycheck Protection Loan of $3.59M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Worldwide Machinery, LTD's total 2019 payroll expenses were approximately $17.24M in order to qualify for the PPP loan amount received.
Based on their reported 212 jobs retained, this equals an estimated average yearly compensation of $81,318 per employee1.
Business Information - Worldwide Machinery, LTD in Houston, TX
2200 Post Oak Blvd.
Houston, TX 77056
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-07
Similar Companies near Houston
In the Houston area, 4 businesses in the "Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 59 employees (compared to this company's 212) and received an average PPP loan of $955,413 (compared to this company's $3.59M).
Similar Nearby Businesses Who Received PPP Funding:
Go Green Texas Ev
KMP USA LLC
Industry PPP Comparison Statistics
Nationwide, 1,830 businesses in the "Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers" industry received a total of $454,516,744.00 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 15 employees, 93% lower than Worldwide Machinery, LTD's reported 212 employees, and received an average PPP loan of $248,370, 93% lower than this company's loan of $3.59M.
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Footnotes & Information
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