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

PPP Loan Data — Children's Theatre Company, Highland Park, IL

ALERT: There are 2 PPP loans for a total of $13,895 in our database for businesses with the name "Children's Theatre Company" in Highland Park, IL. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Children's Theatre Company
IL

Children's Theatre Company

Entity: Subchapter S Corporation

Industry: Dance Companies

Location: Highland Park, IL

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Children's Theatre Company is a subchapter s corporation located at 726 Orleans Dr in Highland Park, Illinois that received a Coronavirus-related PPP loan from the SBA of $6,145.00 in February, 2021.

The company has reported itself as a White female owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #3878148500

Loan Size:

$6,145

Jobs Retained:

1

Loan Approved:

2021-02-24

Loan Status:

Ongoing Loan

Lender:

JPMorgan Chase Bank, National Association

Children's Theatre Company in Highland Park, IL received a Paycheck Protection Loan of $6,145 through JPMorgan Chase Bank, National Association, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA. The loan's status was last updated by the SBA in November, -0001.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Children's Theatre Company's 2019 payroll expenses are estimated to be at least $29,496.

Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $29,496 per employee1

Reported PPP Proceed Usage:

On the PPP application, Children's Theatre Company reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $6,145

Business Information - Children's Theatre Company in Highland Park, IL

Children's Theatre Company
726 Orleans Dr
Highland Park, IL 60035

Business Industry:
Dance Companies
NAICS code 711120

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Lake County, IL — SBA Office 0507 — Congressional District: IL-10

Similar Companies near Highland Park

In the Highland Park area, 6 businesses in the "Dance Companies" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 1) and received an average PPP loan of $43,014 (compared to this company's $6,145).

Industry PPP Comparison Statistics

Nationwide, 6,449 businesses in the "Dance Companies" industry received a total of $215.95M 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 7 employees, 600% higher than Children's Theatre Company's reported 1 employees, and received an average PPP loan of $33,486, 445% higher than this company's loan of $6,145.

SBA PPP loan data, payroll data, and salaries for Children's Theatre Company
IL

Children's Theatre Company

Entity: Subchapter S Corporation

Industry: Theater Companies and Dinner Theaters

Location: Highland Park, IL

Search All PPP Data

Children's Theatre Company is a subchapter s corporation located at 726 Orleans Dr in Highland Park, Illinois that received a Coronavirus-related PPP loan from the SBA of $7,750.00 in May, 2020.

The company has reported itself as a White female owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #2307387704

Loan Size:

$7,750

Jobs Retained:

1

Loan Approved:

2020-05-01

Loan Status:

Paid in Full or Forgiven

Lender:

JPMorgan Chase Bank, National Association

Children's Theatre Company in Highland Park, IL received a Paycheck Protection Loan of $7,750 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in November, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Children's Theatre Company's 2019 payroll expenses are estimated to be at least $37,200.

Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $37,200 per employee1

Reported PPP Proceed Usage:

On the PPP application, Children's Theatre Company reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $7,750

Business Information - Children's Theatre Company in Highland Park, IL

Children's Theatre Company
726 Orleans Dr
Highland Park, IL 60035

Business Industry:
Theater Companies and Dinner Theaters
NAICS code 711110

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Lake County, IL — SBA Office 0507 — Congressional District: IL-10

Similar Companies near Highland Park

In the Highland Park area, 2 businesses in the "Theater Companies and Dinner Theaters" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 1) and received an average PPP loan of $16,464 (compared to this company's $7,750).

Similar Nearby Businesses Who Received PPP Funding:

Peeled Juice Bar LLC
Highland Park, IL

$25,177 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 6,552 businesses in the "Theater Companies and Dinner Theaters" industry received a total of $648.75M 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 16 employees, 1500% higher than Children's Theatre Company's reported 1 employees, and received an average PPP loan of $99,016, 1178% higher than this company's loan of $7,750.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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.


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Source: www.federalpay.org/paycheck-protection-program/childrens-theatre-company-highland-park-il