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PPP Loan Data — Donnelly Communcations Inc, Waco, TX

SBA PPP loan data, payroll data, and salaries for Donnelly Communcations Inc
TX

Donnelly Communcations Inc

Entity: Corporation

Industry: Telemarketing Bureaus and Other Contact Centers

Location: Waco, TX

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Donnelly Communcations Inc is a corporation located at 300 S 13th St in Waco, Texas that received a Coronavirus-related PPP loan from the SBA of $600,000.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 90 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$600,000

Jobs Retained:

90

Loan Approved:

2020-04-05

Lender:

AMARILLO NATIONAL BANK

Donnelly Communcations Inc received a Paycheck Protection Loan of $600,000 through AMARILLO NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Donnelly Communcations Inc's total 2019 payroll expenses were approximately $2.88M in order to qualify for the PPP loan amount received.

Based on their reported 90 jobs retained, this equals an estimated average yearly compensation of $32,000 per employee1.

Business Information - Donnelly Communcations Inc in Waco, TX

Donnelly Communcations Inc
300 S 13th St
Waco, TX 76701

Business Industry

Telemarketing Bureaus and Other Contact Centers (NAICS code 561422)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: TX-17

Similar Companies near Waco

In the Waco area, 2 businesses in the "Telemarketing Bureaus and Other Contact Centers" industry received a PPP loan. These local businesses reported an average of 170 employees (compared to this company's 90) and received an average PPP loan of $1,600,000 (compared to this company's $600,000).

Similar Nearby Businesses Who Received PPP Funding:

Support Services Group Inc
Waco, TX

$2.6M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 721 businesses in the "Telemarketing Bureaus and Other Contact Centers" industry received a total of $234,982,728.00 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 37 employees, 59% lower than Donnelly Communcations Inc's reported 90 employees, and received an average PPP loan of $325,912, 46% lower than this company's loan of $600,000.

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. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/donnelly-communcations-inc-waco-tx