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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 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 Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-15Lender:
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.
Based on standard PPP eligibility rules, The Vivian Beaumont Theater, Inc.'s total 2019 payroll expenses were approximately $17.79M in order to qualify for the PPP loan amount received.
Unlike most businesses, The Vivian Beaumont Theater, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
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 / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-10Similar Companies near New York
In the New York area, 19 businesses in the "Theater Companies and Dinner Theaters" industry received a PPP loan. These local businesses reported an average of 59 employees (compared to this company's 0) and received an average PPP loan of $540,708 (compared to this company's $3.71M).
Similar Nearby Businesses Who Received PPP Funding:
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Pdnyc LLC
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Vital Theatre Company, Inc.
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Industry PPP Comparison Statistics
Nationwide, 4,100 businesses in the "Theater Companies and Dinner Theaters" industry received a total of $414,044,745.00 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, and received an average PPP loan of $100,987, 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, and is published unmodified, as provided by the SBA.
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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