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PPP Loan Data — Refractive Films,
Astoria, NY
Refractive Films
Entity: Corporation
Industry: Motion Picture and Video Production
Location: Astoria, NY
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Refractive Films is a corporation located in Astoria, New York that received a Coronavirus-related PPP loan from the SBA of $9,800.00 in January, 2021.
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PPP Loan Information
Loan #8385288305
Loan Size:
Jobs Retained:
1Loan Approved:
2021-01-29Loan Status:
Ongoing LoanLender:
Legacy BankRefractive Films in Astoria, NY received a Paycheck Protection Loan of $9,800 through Legacy Bank, which was approved in January, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Reported PPP Proceed Usage:
On the PPP application, Refractive Films reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $9,795
- Utilities: $1
Business Information - Refractive Films in Astoria, NY
Astoria, NY
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Motion Picture and Video Production
NAICS code 512110
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Refractive Films.
Refractive Films Inc
Other Performing Arts Companies
Similar Companies near Astoria
In the Astoria area, 38 businesses in the "Motion Picture and Video Production" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $21,731 (compared to this company's $9,800).
Similar Nearby Businesses Who Received PPP Funding:
Delusions International, Inc
Astoria, NY
JCS Cinematography LLC
Sunnyside, NY
Production Sound Dot Net Inc
Astoria, NY
ASL Productions, Inc
Astoria, NY
Top Notch Media LLC
Astoria, NY
Troma Entertainment, Inc
Astoria, NY
Dominick Sivilli Cinematography LLC
Astoria, NY
Cindy Lee
Astoria, NY
Lasertrax LTD
Astoria, NY
Industry PPP Comparison Statistics
Nationwide, 29,648 businesses in the "Motion Picture and Video Production" industry received a total of $1.3B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 4 employees, 300% higher than Refractive Films' reported 1 employees, and received an average PPP loan of $43,879, 348% higher than this company's loan of $9,800.
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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