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PPP Loan Data — Signal Theory Inc, Wichita, KS

SBA PPP loan data, payroll data, and salaries for Signal Theory Inc

Signal Theory Inc

Entity: Employee Stock Ownership Plan (esop)

Industry: Advertising Agencies

Location: Wichita, KS

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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

Loan Size:


Jobs Retained:


Loan Approved:




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.

Because the loan received by Signal Theory Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Signal Theory Inc in Wichita, KS

Signal Theory Inc
255 N Mead St
Wichita, KS 67202

Business Industry

Advertising Agencies (NAICS code 541810)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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

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, and is published unmodified, as provided by the SBA.

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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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** This Document Provided By - The Civil Employee's Resource **