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PPP Loan Data — The Vivian Beaumont Theater Inc,
New York, NY
The Vivian Beaumont Theater Inc
Entity: Non-profit Organization
Industry: Theater Companies and Dinner Theaters
Location: New York, NY
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The Vivian Beaumont Theater Inc is a non-profit organization located at 150 W 65th St in New York, New York that received a Coronavirus-related PPP loan from the SBA of $1,548,226.00 in April, 2021.
$
PPP Loan Information
Loan #2684678808
Loan Size:
Jobs Retained:
99Loan Approved:
2021-04-13Loan Status:
Paid in Full or ForgivenLender:
Capital One, National AssociationThe Vivian Beaumont Theater Inc in New York, NY received a Paycheck Protection Loan of $1.55M through Capital One, National Association, which was approved in April, 2021.
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 July, 2022.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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 Vivian Beaumont Theater Inc's 2019 payroll expenses are estimated to be at least $7.43M.
Based on their reported 99 jobs retained, this equals an estimated average yearly compensation of $75,066 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Vivian Beaumont Theater Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,548,224
- Utilities: $1
Business Information - The Vivian Beaumont Theater Inc in New York, NY
150 W 65th St
New York, NY 10023
Business Industry:
Theater Companies and Dinner Theaters
NAICS code 711110
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near New York
In the New York area, 29 businesses in the "Theater Companies and Dinner Theaters" industry received a PPP loan. These local businesses reported an average of 64 employees (compared to this company's 99) and received an average PPP loan of $333,749 (compared to this company's $1.55M).
Similar Nearby Businesses Who Received PPP Funding:
Dana Spialter
New York, NY
John Schaefer
New York, NY
Marc Bruni Productions LLC
New York, NY
Fillogigi1 LLC
New York, NY
One 27 Roof LLC
New York, NY
Poseidon Theatre Company LLC
New York, NY
JRW Productions Inc
New York, NY
Stand Up 236 LLC
New York, NY
My Most Favorite 72Nd St. Corp
New York, NY
Industry PPP Comparison Statistics
Nationwide, 6,551 businesses in the "Theater Companies and Dinner Theaters" industry received a total of $648.74M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 16 employees, 84% lower than The Vivian Beaumont Theater Inc's reported 99 employees, and received an average PPP loan of $99,029, 94% lower than this company's loan of $1.55M.
The Vivian Beaumont Theater, Inc
Entity: Non-profit Organization
Industry: Theater Companies and Dinner Theaters
Location: New York, NY
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The Vivian Beaumont Theater, Inc is a non-profit organization located at 150 West 65th Street in New York, New York that received a Coronavirus-related PPP loan from the SBA of $3,705,900.00 in April, 2020.
$
PPP Loan Information
Loan #1067207201
Loan Size:
Jobs Retained:
200Loan Approved:
2020-04-15Loan Status:
Paid in Full or ForgivenLender:
Capital One, National AssociationThe Vivian Beaumont Theater, Inc in New York, NY received a Paycheck Protection Loan of $3.71M through Capital One, National Association, 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 September, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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 Vivian Beaumont Theater, Inc's 2019 payroll expenses are estimated to be at least $17.79M.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $88,942 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Vivian Beaumont Theater, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,705,900
Business Information - The Vivian Beaumont Theater, Inc in New York, NY
150 West 65th Street
New York, NY 10023
Business Industry:
Theater Companies and Dinner Theaters
NAICS code 711110
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near New York
In the New York area, 29 businesses in the "Theater Companies and Dinner Theaters" industry received a PPP loan. These local businesses reported an average of 64 employees (compared to this company's 200) and received an average PPP loan of $333,749 (compared to this company's $3.71M).
Similar Nearby Businesses Who Received PPP Funding:
Dana Spialter
New York, NY
John Schaefer
New York, NY
Marc Bruni Productions LLC
New York, NY
Fillogigi1 LLC
New York, NY
One 27 Roof LLC
New York, NY
Poseidon Theatre Company LLC
New York, NY
JRW Productions Inc
New York, NY
Stand Up 236 LLC
New York, NY
My Most Favorite 72Nd St. Corp
New York, NY
Industry PPP Comparison Statistics
Nationwide, 6,551 businesses in the "Theater Companies and Dinner Theaters" industry received a total of $648.74M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 16 employees, 92% lower than The Vivian Beaumont Theater, Inc's reported 200 employees, and received an average PPP loan of $99,029, 97% lower than this company's loan of $3.71M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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