PPP Loan Data — Indiana Symphony Society, Inc., Indianapolis, IN
Indiana Symphony Society, Inc. is a non-profit organization located at 32 East Washington Street, Suite 600 in Indianapolis, Indiana that received a Coronavirus-related PPP loan from the SBA of $2,929,185.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Indiana Symphony Society, Inc. received a Paycheck Protection Loan of $2.93M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Indiana Symphony Society, Inc.'s total 2019 payroll expenses were approximately $14.06M in order to qualify for the PPP loan amount received.
Based on their reported 141 jobs retained, this equals an estimated average yearly compensation of $99,717 per employee1.
Business Information - Indiana Symphony Society, Inc. in Indianapolis, IN
32 East Washington Street, Suite 600
Indianapolis, IN 46204
Musical Groups and Artists (NAICS code 711130)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-07
Similar Companies near Indianapolis
In the Indianapolis area, 4 businesses in the "Musical Groups and Artists" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 141) and received an average PPP loan of $783,005 (compared to this company's $2.93M).
Similar Nearby Businesses Who Received PPP Funding:
Indiana Opera Society
Percussive Arts Society Inc
Industry PPP Comparison Statistics
Nationwide, 6,520 businesses in the "Musical Groups and Artists" industry received a total of $269,690,233.00 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 6 employees, 96% lower than Indiana Symphony Society, Inc.'s reported 141 employees, and received an average PPP loan of $41,364, 99% lower than this company's loan of $2.93M.
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Footnotes & Information
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