PPP Loan Data — Cityscape Schools, Dallas, TX
Cityscape Schools is a non-profit organization located at 6211 East Grand Ave in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $1,514,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Cityscape Schools in Dallas, TX received a Paycheck Protection Loan of $1.51M through Regions Bank, which was approved in April, 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 April, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Cityscape Schools' 2019 payroll expenses are estimated to be at least $7.27M.
Based on their reported 135 jobs retained, this equals an estimated average yearly compensation of $53,831 per employee1
Reported PPP Proceed Usage:
On the PPP application, Cityscape Schools reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,514,000
Business Information - Cityscape Schools in Dallas, TX
6211 East Grand Ave
Dallas, TX 75223
Elementary and Secondary Schools
NAICS code 611110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dallas
In the Dallas area, 7 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 61 employees (compared to this company's 135) and received an average PPP loan of $620,782 (compared to this company's $1.51M).
Similar Nearby Businesses Who Received PPP Funding:
Bishop Dunne Catholic School, Inc
Academy Of Dallas
ST. Elizabeth Of Hungary Catholic School
Yoga N Da Hood Wellness
Bishop Dunne Catholic School
Industry PPP Comparison Statistics
Nationwide, 22,714 businesses in the "Elementary and Secondary Schools" industry received a total of $7.35B 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 38 employees, 72% lower than Cityscape Schools' reported 135 employees, and received an average PPP loan of $323,643, 79% lower than this company's loan of $1.51M.
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Footnotes & Information
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