PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Leader Communications Inc, Oklahoma City, OK

SBA PPP loan data, payroll data, and salaries for Leader Communications Inc
OK

Leader Communications Inc

Entity: Corporation

Industry: Facilities Support Services

Location: Oklahoma City, OK

Search All PPP Data

Leader Communications Inc is a corporation located at 6421 S Air Depot Blvd Ste A in Oklahoma City, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $2,774,900.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.77M

Jobs Retained:

180

Loan Approved:

2020-04-15

Lender:

FNB COMMUNITY BANK

Leader Communications Inc received a Paycheck Protection Loan of $2.77M through FNB COMMUNITY BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Leader Communications Inc's total 2019 payroll expenses were approximately $13.32M in order to qualify for the PPP loan amount received.

Based on their reported 180 jobs retained, this equals an estimated average yearly compensation of $73,997 per employee1.

Because the loan received by Leader Communications 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 - Leader Communications Inc in Oklahoma City, OK

Leader Communications Inc
6421 S Air Depot Blvd Ste A
Oklahoma City, OK 73135

Business Industry

Facilities Support Services (NAICS code 561210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OK-04

Similar Companies near Oklahoma City

In the Oklahoma City area, 2 businesses in the "Facilities Support Services" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 180) and received an average PPP loan of $1,397,850 (compared to this company's $2.77M).

Similar Nearby Businesses Who Received PPP Funding:

Lyra Works LLC
Oklahoma City, OK

$20,800 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,765 businesses in the "Facilities Support Services" industry received a total of $434,144,705.00 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 22 employees, 88% lower than Leader Communications Inc's reported 180 employees, and received an average PPP loan of $245,974, 91% lower than this company's loan of $2.77M.

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.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/leader-communications-inc-oklahoma-city-ok