PPP Loan Data — Prestonwood Christian Academy, Plano, TX
Prestonwood Christian Academy is a non-profit organization located at 6801 W Park Blvd in Plano, Texas that received a Coronavirus-related PPP loan from the SBA of $3,353,800.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:THE AMERICAN NATIONAL BANK OF TEXAS
Prestonwood Christian Academy in Plano, TX received a Paycheck Protection Loan of $3.35M through THE AMERICAN NATIONAL BANK OF TEXAS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Prestonwood Christian Academy's total 2019 payroll expenses were approximately $16.1M in order to qualify for the PPP loan amount received.
Unlike most businesses, Prestonwood Christian Academy's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Prestonwood Christian Academy in Plano, TX
6801 W Park Blvd
Plano, TX 75093
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-03
Similar Companies near Plano
In the Plano area, 7 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 0) and received an average PPP loan of $616,757 (compared to this company's $3.35M).
Similar Nearby Businesses Who Received PPP Funding:
South Dallas Community School
Creative Learning 4 Kids, Inc
Fort Montessori Inc.
Texoma Christian School
Plano Sat Master, Inc
St Timothy Christian Academy
Industry PPP Comparison Statistics
Nationwide, 15,362 businesses in the "Elementary and Secondary Schools" industry received a total of $5,824,752,723.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, and received an average PPP loan of $379,166, 89% lower than this company's loan of $3.35M.
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Footnotes & Information
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