PPP Loan Data — Rainforest Partnership, Austin, TX
Rainforest Partnership is a professional association located at 800 West 34th Street Ste 105 in Austin, Texas that received a Coronavirus-related PPP loan from the SBA of $15,300.00 in April, 2020.
$ PPP Loan Information
Rainforest Partnership received a Paycheck Protection Loan of $15,300 through UNIVERSITY FCU, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rainforest Partnership's total 2019 payroll expenses were approximately $73,440 in order to qualify for the PPP loan amount received.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $36,720 per employee1.
Business Information - Rainforest Partnership in Austin, TX
800 West 34th Street Ste 105
Austin, TX 78705
Other Social Advocacy Organizations (NAICS code 813319)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-25
Similar Companies near Austin
In the Austin area, 6 businesses in the "Other Social Advocacy Organizations" industry received a PPP loan. These local businesses reported an average of 80 employees (compared to this company's 2) and received an average PPP loan of $869,505 (compared to this company's $15,300).
Similar Nearby Businesses Who Received PPP Funding:
Communities In Schools Of Central Texas
Engine 2 Immersions, LLC
Protex Network For A Progressive Texas, Inc.
Center For Integral Studies Casa De Luz
Industry PPP Comparison Statistics
Nationwide, 5,930 businesses in the "Other Social Advocacy Organizations" industry received a total of $1,048,421,927.00 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 17 employees, 750% higher than Rainforest Partnership's reported 2 employees, and received an average PPP loan of $176,800, 1056% higher than this company's loan of $15,300.
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. 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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