PPP Loan Data — Ntfn, Inc., Lewisville, TX
Ntfn, Inc. is a subchapter s corporation located at 700 State Hwy 121 Bypass in Lewisville, Texas that received a Coronavirus-related PPP loan from the SBA of $3,107,500.00 in April, 2020.
$ PPP Loan Information
Ntfn, Inc. received a Paycheck Protection Loan of $3.11M through ORIGIN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ntfn, Inc.'s total 2019 payroll expenses were approximately $14.92M in order to qualify for the PPP loan amount received.
Based on their reported 167 jobs retained, this equals an estimated average yearly compensation of $89,317 per employee1.
Business Information - Ntfn, Inc. in Lewisville, TX
700 State Hwy 121 Bypass
Lewisville, TX 75067
Real Estate Credit (NAICS code 522292)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-26
Industry PPP Comparison Statistics
Nationwide, 1,706 businesses in the "Real Estate Credit" industry received a total of $570,275,600.00 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 21 employees, 87% lower than Ntfn, Inc.'s reported 167 employees, and received an average PPP loan of $334,276, 89% lower than this company's loan of $3.11M.
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Footnotes & Information
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