PPP Loan Data — Houston Baptist University, Houston, TX
Houston Baptist University is a non-profit organization located at 7502 Fondren Road in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $6,800,000.00 in April, 2020.
$ PPP Loan Information
Houston Baptist University in Houston, TX received a Paycheck Protection Loan of $6.8M through PROSPERITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Houston Baptist University's total 2019 payroll expenses were approximately $32.64M in order to qualify for the PPP loan amount received.
Based on their reported 485 jobs retained, this equals an estimated average yearly compensation of $67,299 per employee1.
Business Information - Houston Baptist University in Houston, TX
7502 Fondren Road
Houston, TX 77074
All Other Miscellaneous Schools and Instruction (NAICS code 611699)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-07
Similar Companies near Houston
In the Houston area, 5 businesses in the "All Other Miscellaneous Schools and Instruction" industry received a PPP loan. These local businesses reported an average of 108 employees (compared to this company's 485) and received an average PPP loan of $1,401,011 (compared to this company's $6.8M).
Similar Nearby Businesses Who Received PPP Funding:
Abundance Of Love Learning Center
The Citizens Foundation USA
Francois Academy Early Education LLC
Industry PPP Comparison Statistics
Nationwide, 14,482 businesses in the "All Other Miscellaneous Schools and Instruction" industry received a total of $986,137,091.00 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 9 employees, 98% lower than Houston Baptist University's reported 485 employees, and received an average PPP loan of $68,094, 99% lower than this company's loan of $6.8M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!