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PPP Loan Data — The Museum Of The Bible, Oklahoma City, OK

SBA PPP loan data, payroll data, and salaries for The Museum Of The Bible
OK Nonprofit Organization

The Museum Of The Bible

Entity: Non-profit Organization

Industry: Museums

Location: Oklahoma City, OK

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The Museum Of The Bible is a non-profit organization located at 7707 Sw 44th St. in Oklahoma City, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $4,228,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.23M

Jobs Retained:

249

Loan Approved:

2020-04-04

Lender:

BOKF, NATIONAL ASSOCIATION

The Museum Of The Bible in Oklahoma City, OK received a Paycheck Protection Loan of $4.23M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, The Museum Of The Bible's total 2019 payroll expenses were approximately $20.3M 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 $81,513 per employee1.

Because the loan received by The Museum Of The Bible 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 - The Museum Of The Bible in Oklahoma City, OK

The Museum Of The Bible
7707 Sw 44th St.
Oklahoma City, OK 73179

Business Industry

Museums (NAICS code 712110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OK-05

Industry PPP Comparison Statistics

Nationwide, 4,135 businesses in the "Museums" industry received a total of $670,583,040.00 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 16 employees, 94% lower than The Museum Of The Bible's reported 249 employees, and received an average PPP loan of $162,172, 96% lower than this company's loan of $4.23M.

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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/the-museum-of-the-bible-oklahoma-city-ok