PPP Loan Data — Pittsburgh Cultural Trust, Pittsburgh, PA
Pittsburgh Cultural Trust
Entity: Non-profit Organization
Location: Pittsburgh, PATweet This • Search All PPP Data
Pittsburgh Cultural Trust is a non-profit organization located at 803 Liberty Ave in Pittsburgh, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,280,700.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Pittsburgh Cultural Trust received a Paycheck Protection Loan of $3.28M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pittsburgh Cultural Trust's total 2019 payroll expenses were approximately $15.75M in order to qualify for the PPP loan amount received.
Based on their reported 354 jobs retained, this equals an estimated average yearly compensation of $44,484 per employee1.
Business Information - Pittsburgh Cultural Trust in Pittsburgh, PA
803 Liberty Ave
Pittsburgh, PA 15222
Promoters of Performing Arts, Sports, and Similar Events with Facilities (NAICS code 711310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-18
Similar Companies near Pittsburgh
In the Pittsburgh area, 5 businesses in the "Promoters of Performing Arts, Sports, and Similar Events with Facilities" industry received a PPP loan. These local businesses reported an average of 87 employees (compared to this company's 354) and received an average PPP loan of $841,653 (compared to this company's $3.28M).
Similar Nearby Businesses Who Received PPP Funding:
His Stage LLC
Thomas D Louisy
African American Cultural Center
Pittsburgh Public Theater Corporation
Industry PPP Comparison Statistics
Nationwide, 4,552 businesses in the "Promoters of Performing Arts, Sports, and Similar Events with Facilities" industry received a total of $385,935,321.00 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 11 employees, 97% lower than Pittsburgh Cultural Trust's reported 354 employees, and received an average PPP loan of $84,784, 97% lower than this company's loan of $3.28M.
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