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

PPP Loan Data — Cenikor Foundation, Houston, TX

SBA PPP loan data, payroll data, and salaries for Cenikor Foundation
TX Nonprofit Organization

Cenikor Foundation

Entity: Non-profit Organization

Industry: Other Social Advocacy Organizations

Location: Houston, TX

Search All PPP Data

Cenikor Foundation is a non-profit organization located at 11931 Wickchester Ln in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $3,924,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.92M

Jobs Retained:

465

Loan Approved:

2020-04-09

Lender:

FROST BANK

Cenikor Foundation in Houston, TX received a Paycheck Protection Loan of $3.92M through FROST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Cenikor Foundation's total 2019 payroll expenses were approximately $18.84M in order to qualify for the PPP loan amount received.

Based on their reported 465 jobs retained, this equals an estimated average yearly compensation of $40,510 per employee1.

Because the loan received by Cenikor Foundation 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 - Cenikor Foundation in Houston, TX

Cenikor Foundation
11931 Wickchester Ln
Houston, TX 77043

Business Industry

Other Social Advocacy Organizations (NAICS code 813319)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TX-02

Similar Companies near Houston

In the Houston area, 2 businesses in the "Other Social Advocacy Organizations" industry received a PPP loan. These local businesses reported an average of 233 employees (compared to this company's 465) and received an average PPP loan of $1,964,700 (compared to this company's $3.92M).

Similar Nearby Businesses Who Received PPP Funding:

Exceder Assets Group, LLC
Houston, TX

$5,000 PPP Loan

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, 96% lower than Cenikor Foundation's reported 465 employees, and received an average PPP loan of $176,800, 95% lower than this company's loan of $3.92M.

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, 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/cenikor-foundation-houston-tx