PPP Loan Data — Excalibur Comics Cards And Games LP, Texarkana, TX
Excalibur Comics Cards And Games LP is a limited liability partnership located at 2811 North State Line Avenue in Texarkana, Texas that received a Coronavirus-related PPP loan from the SBA of $25,487.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Excalibur Comics Cards And Games LP in Texarkana, TX received a Paycheck Protection Loan of $25,487 through BancorpSouth 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 December, 2020.
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, Excalibur Comics Cards And Games LP's 2019 payroll expenses are estimated to be at least $122,338.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,468 per employee1
Reported PPP Proceed Usage:
On the PPP application, Excalibur Comics Cards And Games LP reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,487
Business Information - Excalibur Comics Cards And Games LP in Texarkana, TX
2811 North State Line Avenue
Texarkana, TX 75503
Hobby, Toy, and Game Stores
NAICS code 451120
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Texarkana
In the Texarkana area, 2 businesses in the "Hobby, Toy, and Game Stores" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 5) and received an average PPP loan of $71,894 (compared to this company's $25,487).
Similar Nearby Businesses Who Received PPP Funding:
Fun Quest Toys Inc
Industry PPP Comparison Statistics
Nationwide, 5,716 businesses in the "Hobby, Toy, and Game Stores" industry received a total of $179.81M 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 6 employees, 20% higher than Excalibur Comics Cards And Games LP's reported 5 employees, and received an average PPP loan of $31,457, 23% higher than this company's loan of $25,487.
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Footnotes & Information
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