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PPP Loan Data — Stephens Family Limited Partnership, Tulsa, OK

SBA PPP loan data, payroll data, and salaries for Stephens Family Limited Partnership
OK

Stephens Family Limited Partnership

Entity: Limited Liability Partnership

Industry: Radio Stations

Location: Tulsa, OK

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Stephens Family Limited Partnership is a limited liability partnership located at 2448 E 81st St in Tulsa, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $3,695,400.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least 249 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.7M

Jobs Retained:

249

Loan Approved:

2020-04-03

Lender:

SPIRITBANK

Stephens Family Limited Partnership in Tulsa, OK received a Paycheck Protection Loan of $3.7M through SPIRITBANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Stephens Family Limited Partnership's total 2019 payroll expenses were approximately $17.74M in order to qualify for the PPP loan amount received.

Based on their reported 249 jobs retained, this equals an estimated average yearly compensation of $71,237 per employee1.

Because the loan received by Stephens Family Limited Partnership 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 - Stephens Family Limited Partnership in Tulsa, OK

Stephens Family Limited Partnership
2448 E 81st St
Tulsa, OK 74137

Business Industry

Radio Stations (NAICS code 515112)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: FEMALE OWNED

Veteran Status: NON-VETERAN

Congressional District: OK-01

Similar Companies near Tulsa

In the Tulsa area, 2 businesses in the "Radio Stations" industry received a PPP loan. These local businesses reported an average of 131 employees (compared to this company's 249) and received an average PPP loan of $1,896,850 (compared to this company's $3.7M).

Similar Nearby Businesses Who Received PPP Funding:

Kjmm, Inc
Tulsa, OK

$98,300 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 2,380 businesses in the "Radio Stations" industry received a total of $248,381,799.00 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 11 employees, 96% lower than Stephens Family Limited Partnership's reported 249 employees, and received an average PPP loan of $104,362, 97% lower than this company's loan of $3.7M.

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.

Search FederalPay's Full PPP Loan Database

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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/stephens-family-limited-partnership-tulsa-ok