PPP Loan Data — Reel Fx, Inc., Dallas, TX
Reel Fx, Inc. is a corporation located at 717 N. Harwood St. 27th Floor in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $2,695,000.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Reel Fx, Inc. received a Paycheck Protection Loan of $2.7M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Reel Fx, Inc.'s total 2019 payroll expenses were approximately $12.94M in order to qualify for the PPP loan amount received.
Based on their reported 153 jobs retained, this equals an estimated average yearly compensation of $84,549 per employee1.
Business Information - Reel Fx, Inc. in Dallas, TX
717 N. Harwood St. 27th Floor
Dallas, TX 75201
Other Specialized Design Services (NAICS code 541490)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-30
Similar Companies near Dallas
In the Dallas area, 2 businesses in the "Other Specialized Design Services" industry received a PPP loan. These local businesses reported an average of 77 employees (compared to this company's 153) and received an average PPP loan of $1,352,550 (compared to this company's $2.7M).
Similar Nearby Businesses Who Received PPP Funding:
Design Task Group, LLC
Industry PPP Comparison Statistics
Nationwide, 4,958 businesses in the "Other Specialized Design Services" industry received a total of $293,696,087.00 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 4 employees, 97% lower than Reel Fx, Inc.'s reported 153 employees, and received an average PPP loan of $59,237, 98% lower than this company's loan of $2.7M.
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Footnotes & Information
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