PPP Loan Data — Town And Country Of Baton Rouge DBA Tc Dance Club Internatio, Baton Rouge, LA
Town And Country Of Baton Rouge DBA Tc Dance Club Internatio is a limited liability company (LLC) located at 3335 Government St in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $24,887.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
Town And Country Of Baton Rouge DBA Tc Dance Club Internatio in Baton Rouge, LA received a Paycheck Protection Loan of $24,887 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.
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, Town And Country Of Baton Rouge DBA Tc Dance Club Internatio's 2019 payroll expenses are estimated to be at least $119,458.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $17,065 per employee1
Reported PPP Proceed Usage:
On the PPP application, Town And Country Of Baton Rouge DBA Tc Dance Club Internatio reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,887
Business Information - Town And Country Of Baton Rouge DBA Tc Dance Club Internatio in Baton Rouge, LA
3335 Government St
Baton Rouge, LA 70806
Fine Arts Schools
NAICS code 611610
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Baton Rouge
In the Baton Rouge area, 3 businesses in the "Fine Arts Schools" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 7) and received an average PPP loan of $50,296 (compared to this company's $24,887).
Similar Nearby Businesses Who Received PPP Funding:
Dyslexia Resource Center Inc
Baton Rouge, LA
Baton Rouge, LA
Industry PPP Comparison Statistics
Nationwide, 15,142 businesses in the "Fine Arts Schools" industry received a total of $529.25M 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 8 employees, 14% higher than Town And Country Of Baton Rouge DBA Tc Dance Club Internatio's reported 7 employees, and received an average PPP loan of $34,953, 40% higher than this company's loan of $24,887.
FederalPay's PPP Information Policy
Footnotes & Information
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