PPP Loan Data — Platinum Press Inc, Fort Worth, TX
Platinum Press Inc is a subchapter s corporation located at 4251 Empire Rd. in Fort Worth, Texas that received a Coronavirus-related PPP loan from the SBA of $2,791,271.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 243 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
Platinum Press Inc in Fort Worth, TX received a Paycheck Protection Loan of $2.79M through TEXAS CAPITAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Platinum Press Inc's total 2019 payroll expenses were approximately $13.4M in order to qualify for the PPP loan amount received.
Based on their reported 243 jobs retained, this equals an estimated average yearly compensation of $55,136 per employee1.
Business Information - Platinum Press Inc in Fort Worth, TX
4251 Empire Rd.
Fort Worth, TX 76155
Commercial Printing (except Screen and Books) (NAICS code 323111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: UnreportedCongressional District: TX-24
Industry PPP Comparison Statistics
Nationwide, 13,022 businesses in the "Commercial Printing (except Screen and Books)" industry received a total of $1,940,592,408.00 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 12 employees, 95% lower than Platinum Press Inc's reported 243 employees, and received an average PPP loan of $149,024, 95% lower than this company's loan of $2.79M.
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Footnotes & Information
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