PPP Loan Data — Sportsmedia Technology Corporation, Durham, NC
Sportsmedia Technology Corporation is a corporation located at 3511 University Dr in Durham, North Carolina that received a Coronavirus-related PPP loan from the SBA of $6,421,700.00 in April, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
Sportsmedia Technology Corporation received a Paycheck Protection Loan of $6.42M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sportsmedia Technology Corporation's total 2019 payroll expenses were approximately $30.82M in order to qualify for the PPP loan amount received.
Based on their reported 484 jobs retained, this equals an estimated average yearly compensation of $63,686 per employee1.
Business Information - Sportsmedia Technology Corporation in Durham, NC
3511 University Dr
Durham, NC 27707
Other Specialized Design Services (NAICS code 541490)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-01
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, 99% lower than Sportsmedia Technology Corporation's reported 484 employees, and received an average PPP loan of $59,237, 99% lower than this company's loan of $6.42M.
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Footnotes & Information
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