PPP Loan Data — The Central Christian Church Of Dallas, Texas, Dallas, TX
The Central Christian Church Of Dallas, Texas is a non-profit organization located at 4711 Westside Dr in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $46,600.00 in April, 2020.
The company has reported itself as a female owned non-profit, and employed at least eight people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Texas Brand Bank
The Central Christian Church Of Dallas, Texas in Dallas, TX received a Paycheck Protection Loan of $46,600 through Texas Brand Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, The Central Christian Church Of Dallas, Texas' 2019 payroll expenses are estimated to be at least $223,680.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $27,960 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Central Christian Church Of Dallas, Texas reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,600
Business Information - The Central Christian Church Of Dallas, Texas in Dallas, TX
4711 Westside Dr
Dallas, TX 75209
NAICS code 813110
Business Owner Demographics
Gender: Female Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Dallas
In the Dallas area, 18 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 8) and received an average PPP loan of $66,530 (compared to this company's $46,600).
Similar Nearby Businesses Who Received PPP Funding:
Westminster Presbyterian Church Of Dallas
The Episcopal Church Of St. Thomas
Zion Gates Evangelical Ministries
Oak Cliff Christian Church
Leadership Forward Mentoring Program
Life In The Trinity Ministry
Kessler Park United Methodist Church
Industry PPP Comparison Statistics
Nationwide, 123,083 businesses in the "Religious Organizations" industry received a total of $9.27B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 50% higher than The Central Christian Church Of Dallas, Texas' reported 8 employees, and received an average PPP loan of $75,298, 62% higher than this company's loan of $46,600.
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Footnotes & Information
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