PPP Loan Data — Signal Theory Inc, Wichita, KS
Signal Theory Inc is an employee stock ownership plan (esop) located at 255 N Mead St in Wichita, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,591,400.00 in April, 2020.
$ PPP Loan Information
Lender:INTRUST BANK, NATIONAL ASSOCIATION
Signal Theory Inc in Wichita, KS received a Paycheck Protection Loan of $2.59M through INTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Signal Theory Inc's total 2019 payroll expenses were approximately $12.44M in order to qualify for the PPP loan amount received.
Based on their reported 149 jobs retained, this equals an estimated average yearly compensation of $83,481 per employee1.
Business Information - Signal Theory Inc in Wichita, KS
255 N Mead St
Wichita, KS 67202
Advertising Agencies (NAICS code 541810)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KS-04
Similar Companies near Wichita
In the Wichita area, 8 businesses in the "Advertising Agencies" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 149) and received an average PPP loan of $481,734 (compared to this company's $2.59M).
Similar Nearby Businesses Who Received PPP Funding:
Coop Media Services Inc
Howerton+White Interactive, Inc.
RSM Marketing Services, LLC
Rowly Snyder Ablah, Inc.
J2 Design Solutions, LLC
Industry PPP Comparison Statistics
Nationwide, 11,928 businesses in the "Advertising Agencies" industry received a total of $1,505,946,886.00 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 8 employees, 95% lower than Signal Theory Inc's reported 149 employees, and received an average PPP loan of $126,253, 95% lower than this company's loan of $2.59M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!