PPP Loan Data — Margaret Chloe Zingaro Lcsw PLLC, Dallas, TX
Margaret Chloe Zingaro Lcsw PLLC
Location: Dallas, TXTweet This • Search All PPP Data
Margaret Chloe Zingaro Lcsw PLLC is a corporation located at 9900 North Central Expressway in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $25,203.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Margaret Chloe Zingaro Lcsw PLLC in Dallas, TX received a Paycheck Protection Loan of $25,203 through Pinnacle 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 January, 2021.
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, Margaret Chloe Zingaro Lcsw PLLC's 2019 payroll expenses are estimated to be at least $120,974.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,487 per employee1
Reported PPP Proceed Usage:
On the PPP application, Margaret Chloe Zingaro Lcsw PLLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,203
Business Information - Margaret Chloe Zingaro Lcsw PLLC in Dallas, TX
9900 North Central Expressway
Dallas, TX 75231
Offices of Mental Health Practitioners (except Physicians)
NAICS code 621330
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Dallas
In the Dallas area, 35 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 2) and received an average PPP loan of $20,299 (compared to this company's $25,203).
Similar Nearby Businesses Who Received PPP Funding:
Charles A Kluge PHD PC
Eades & Associates PLLC
Jeffrey C. Siegel, PHD., PC
Ware Wellness Group, LLC
Dallas Therapy Collective
Industry PPP Comparison Statistics
Nationwide, 35,652 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a total of $1.26B 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 4 employees, 100% higher than Margaret Chloe Zingaro Lcsw PLLC's reported 2 employees, and received an average PPP loan of $35,352, 40% higher than this company's loan of $25,203.
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