PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Catholic Charities Diocese Of Fort Worth, Inc., Fort Worth, TX

SBA PPP loan data, payroll data, and salaries for Catholic Charities Diocese Of Fort Worth, Inc.
TX Nonprofit Organization

Catholic Charities Diocese Of Fort Worth, Inc.

Entity: Non-profit Organization

Industry: Other Social Advocacy Organizations

Location: Fort Worth, TX

Search All PPP Data

Catholic Charities Diocese Of Fort Worth, Inc. is a non-profit organization located at 249 W Thornhill Dr in Fort Worth, Texas that received a Coronavirus-related PPP loan from the SBA of $3,020,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.02M

Jobs Retained:

337

Loan Approved:

2020-04-08

Lender:

FROST BANK

Catholic Charities Diocese Of Fort Worth, Inc. received a Paycheck Protection Loan of $3.02M through FROST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Catholic Charities Diocese Of Fort Worth, Inc.'s total 2019 payroll expenses were approximately $14.5M in order to qualify for the PPP loan amount received.

Based on their reported 337 jobs retained, this equals an estimated average yearly compensation of $43,025 per employee1.

Because the loan received by Catholic Charities Diocese Of Fort Worth, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Catholic Charities Diocese Of Fort Worth, Inc. in Fort Worth, TX

Catholic Charities Diocese Of Fort Worth, Inc.
249 W Thornhill Dr
Fort Worth, TX 76115

Business Industry

Other Social Advocacy Organizations (NAICS code 813319)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-33

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 Catholic Charities Diocese Of Fort Worth, Inc.'s reported 337 employees, and received an average PPP loan of $176,800, 94% lower than this company's loan of $3.02M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/catholic-charities-diocese-of-fort-worth-inc-fort-worth-tx