PPP Loan Data — Dallas Zoo Management, Inc, Dallas, TX

TX Nonprofit Organization

Dallas Zoo Management, Inc

Entity: Non-profit Organization

Industry: Zoos and Botanical Gardens

Location: Dallas, TX

Dallas Zoo Management, Inc is a non-profit organization located at 650 S. Rl Thornton in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $3,747,970.00 in April, 2020.

The company has reported itself as a female owned non-profit, and employed at least 484 people during the applicable loan loan period.

$ PPP Loan Information
Loan #3593007210

Loan Size:

$3.75M

Jobs Retained:

484

Loan Approved:

2020-04-27

Loan Status:

Paid in Full or Forgiven

Lender:

Lakeside Bank

Dallas Zoo Management, Inc in Dallas, TX received a Paycheck Protection Loan of $3.75M through Lakeside 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 July, 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.

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.

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, Dallas Zoo Management, Inc's 2019 payroll expenses are estimated to be at least $17.99M.

Based on their reported 484 jobs retained, this equals an estimated average yearly compensation of $37,170 per employee¹

Reported PPP Proceed Usage:

On the PPP application, Dallas Zoo Management, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

Payroll: $3,747,970

Because the loan received by Dallas Zoo Management, 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 - Dallas Zoo Management, Inc in Dallas, TX

Dallas Zoo Management, Inc
650 S. Rl Thornton
Dallas, TX 75203

Business Industry:
Zoos and Botanical Gardens
NAICS code 712130

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: N

Rural / Urban: Urban

Dallas County, TX — SBA Office 0610 — Congressional District: TX-30

Similar Companies near Dallas

In the Dallas area, 2 businesses in the "Zoos and Botanical Gardens" industry received a PPP loan. These local businesses reported an average of 289 employees (compared to this company's 484) and received an average PPP loan of $2,401,185 (compared to this company's $3.75M).

Similar Nearby Businesses Who Received PPP Funding:

The Dallas World Aquarium Corporation
Dallas, TX

$1.05M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,030 businesses in the "Zoos and Botanical Gardens" industry received a total of $354.73M 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 41 employees, 92% lower than Dallas Zoo Management, Inc's reported 484 employees, and received an average PPP loan of $344,394, 91% lower than this company's loan of $3.75M.

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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