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PPP Loan Data — Gill Studios, Inc., Lenexa, KS

SBA PPP loan data, payroll data, and salaries for Gill Studios, Inc.
KS

Gill Studios, Inc.

Entity: Subchapter S Corporation

Industry: Commercial Printing (except Screen and Books)

Location: Lenexa, KS

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Gill Studios, Inc. is a subchapter s corporation located at 10800 Lackman Rd in Lenexa, Kansas that received a Coronavirus-related PPP loan from the SBA of $5,402,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.4M

Jobs Retained:

402

Loan Approved:

2020-04-05

Lender:

COMMERCE BANK

Gill Studios, Inc. in Lenexa, KS received a Paycheck Protection Loan of $5.4M through COMMERCE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Gill Studios, Inc.'s total 2019 payroll expenses were approximately $25.93M in order to qualify for the PPP loan amount received.

Based on their reported 402 jobs retained, this equals an estimated average yearly compensation of $64,503 per employee1.

Because the loan received by Gill Studios, 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 - Gill Studios, Inc. in Lenexa, KS

Gill Studios, Inc.
10800 Lackman Rd
Lenexa, KS 66219

Business Industry

Commercial Printing (except Screen and Books) (NAICS code 323111)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: KS-03

Similar Companies near Lenexa

In the Lenexa area, 2 businesses in the "Commercial Printing (except Screen and Books)" industry received a PPP loan. These local businesses reported an average of 213 employees (compared to this company's 402) and received an average PPP loan of $2,842,100 (compared to this company's $5.4M).

Similar Nearby Businesses Who Received PPP Funding:

J&J Printing, Inc
Lenexa, KS

$282,100 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 13,022 businesses in the "Commercial Printing (except Screen and Books)" industry received a total of $1,940,592,408.00 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 12 employees, 97% lower than Gill Studios, Inc.'s reported 402 employees, and received an average PPP loan of $149,024, 97% lower than this company's loan of $5.4M.

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, and is published unmodified, as provided by the SBA.

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/gill-studios-inc-lenexa-ks