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PPP Loan Data — Pleasant Hill Missionary Baptist Church,
Dallas, TX
Pleasant Hill Missionary Baptist Church
Entity: Non-profit Organization
Industry: Religious Organizations
Location: Dallas, TX
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Pleasant Hill Missionary Baptist Church is a non-profit organization located at 1636 N Masters Dr in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $15,047.00 in March, 2021.
The company has reported itself as an American indian or alaska native owned non-profit, and employed at least eight people during the applicable loan loan period.
$
PPP Loan Information
Loan #9630838608
Loan Size:
Jobs Retained:
8Loan Approved:
2021-03-26Loan Status:
Paid in Full or ForgivenLender:
Regions BankPleasant Hill Missionary Baptist Church in Dallas, TX received a Paycheck Protection Loan of $15,047 through Regions Bank, which was approved in March, 2021.
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 November, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Pleasant Hill Missionary Baptist Church's 2019 payroll expenses are estimated to be at least $72,226.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $9,028 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pleasant Hill Missionary Baptist Church reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $15,047
Business Information - Pleasant Hill Missionary Baptist Church in Dallas, TX
1636 N Masters Dr
Dallas, TX 75217
Business Industry:
Religious Organizations
NAICS code 813110
Business Owner Demographics
Race: American Indian or Alaska Native
Ethnicity: Not Hispanic or Latino
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Dallas
In the Dallas area, 45 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 8) and received an average PPP loan of $42,732 (compared to this company's $15,047).
Similar Nearby Businesses Who Received PPP Funding:
Deliverance Missionary Baptist Church, Dallas
Dallas, TX
Marsalis Avenue Church Of Christ
Dallas, TX
True Believers Baptist Church
Dallas, TX
ST. Augustine Catholic Parish
Dallas, TX
Saint Bartholomew's Anglican Church Of D
Dallas, TX
New Greater Emanuel Baptist Church
Dallas, TX
Christ City Church
Dallas, TX
Rapturea Better Way Christian Ministry
Dallas, TX
Norman Quintero Ministries
Dallas, TX
Industry PPP Comparison Statistics
Nationwide, 122,670 businesses in the "Religious Organizations" industry received a total of $9.25B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 50% higher than Pleasant Hill Missionary Baptist Church's reported 8 employees, and received an average PPP loan of $75,418, 401% higher than this company's loan of $15,047.
Pleasant Hill Missionary Baptist Church
Entity: Non-profit Organization
Industry: Religious Organizations
Location: Dallas, TX
Tweet This
•
Search All PPP Data
Pleasant Hill Missionary Baptist Church is a non-profit organization located at 1636 N Masters Dr in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $18,000.00 in May, 2020.
The company has reported itself as an American indian or alaska native owned non-profit, and employed at least eight people during the applicable loan loan period.
$
PPP Loan Information
Loan #4224197405
Loan Size:
Jobs Retained:
8Loan Approved:
2020-05-08Loan Status:
Paid in Full or ForgivenLender:
Regions BankPleasant Hill Missionary Baptist Church in Dallas, TX received a Paycheck Protection Loan of $18,000 through Regions Bank, which was approved in May, 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 July, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Pleasant Hill Missionary Baptist Church's 2019 payroll expenses are estimated to be at least $86,400.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $10,800 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pleasant Hill Missionary Baptist Church reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $18,000
Business Information - Pleasant Hill Missionary Baptist Church in Dallas, TX
1636 N Masters Dr
Dallas, TX 75217
Business Industry:
Religious Organizations
NAICS code 813110
Business Owner Demographics
Race: American Indian or Alaska Native
Ethnicity: Not Hispanic or Latino
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Dallas
In the Dallas area, 45 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 8) and received an average PPP loan of $42,732 (compared to this company's $18,000).
Similar Nearby Businesses Who Received PPP Funding:
Deliverance Missionary Baptist Church, Dallas
Dallas, TX
Marsalis Avenue Church Of Christ
Dallas, TX
True Believers Baptist Church
Dallas, TX
ST. Augustine Catholic Parish
Dallas, TX
Saint Bartholomew's Anglican Church Of D
Dallas, TX
New Greater Emanuel Baptist Church
Dallas, TX
Christ City Church
Dallas, TX
Rapturea Better Way Christian Ministry
Dallas, TX
Norman Quintero Ministries
Dallas, TX
Industry PPP Comparison Statistics
Nationwide, 122,670 businesses in the "Religious Organizations" industry received a total of $9.25B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 50% higher than Pleasant Hill Missionary Baptist Church's reported 8 employees, and received an average PPP loan of $75,418, 319% higher than this company's loan of $18,000.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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