PPP Loan Data — Cenikor Foundation, Houston, TX
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
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.
Business Information - Cenikor Foundation in Houston, TX
11931 Wickchester Ln
Houston, TX 77043
Other Social Advocacy Organizations (NAICS code 813319)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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
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.
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!