PPP Loan Data — Denver Ballet Theatre, Highlands Ranch, CO
Denver Ballet Theatre is a non-profit organization located at 5690 County Line Pl in Highlands Ranch, Colorado that received a Coronavirus-related PPP loan from the SBA of $25,175.00 in June, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Denver Ballet Theatre in Highlands Ranch, CO received a Paycheck Protection Loan of $25,175 through WebBank, which was approved in June, 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 June, 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, Denver Ballet Theatre's 2019 payroll expenses are estimated to be at least $120,840.
Based on their reported 10 jobs retained, this equals an estimated average yearly compensation of $12,084 per employee1
Reported PPP Proceed Usage:
On the PPP application, Denver Ballet Theatre reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,175
Business Information - Denver Ballet Theatre in Highlands Ranch, CO
5690 County Line Pl
Highlands Ranch, CO 80126
Theater Companies and Dinner Theaters
NAICS code 711110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Highlands Ranch
In the Highlands Ranch area, 2 businesses in the "Theater Companies and Dinner Theaters" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 10) and received an average PPP loan of $41,888 (compared to this company's $25,175).
Similar Nearby Businesses Who Received PPP Funding:
Cinema Of Littleton LLC
Industry PPP Comparison Statistics
Nationwide, 6,585 businesses in the "Theater Companies and Dinner Theaters" industry received a total of $649.55M 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, 60% higher than Denver Ballet Theatre's reported 10 employees, and received an average PPP loan of $98,641, 292% higher than this company's loan of $25,175.
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Footnotes & Information
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