PPP Loan Data — North Texas Public Broadcasting, Inc, Dallas, TX
North Texas Public Broadcasting, Inc is a corporation located at 3000 Harry Hines Blvd in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $1,571,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:BOKF, National Association
North Texas Public Broadcasting, Inc in Dallas, TX received a Paycheck Protection Loan of $1.57M through BOKF, National Association, 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, North Texas Public Broadcasting, Inc's 2019 payroll expenses are estimated to be at least $7.54M.
Based on their reported 96 jobs retained, this equals an estimated average yearly compensation of $78,550 per employee1
Reported PPP Proceed Usage:
On the PPP application, North Texas Public Broadcasting, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,571,000
Business Information - North Texas Public Broadcasting, Inc in Dallas, TX
3000 Harry Hines Blvd
Dallas, TX 75201
NAICS code 515120
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dallas
In the Dallas area, 3 businesses in the "Television Broadcasting" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 96) and received an average PPP loan of $537,544 (compared to this company's $1.57M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 1,944 businesses in the "Television Broadcasting" industry received a total of $257.29M 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 12 employees, 88% lower than North Texas Public Broadcasting, Inc's reported 96 employees, and received an average PPP loan of $132,352, 92% lower than this company's loan of $1.57M.
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Footnotes & Information
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