PPP Loan Data — Town & Country Baptist Church Of Tampa,, Tampa, FL
Town & Country Baptist Church Of Tampa, is a corporation located at 7601 Jackson Springs Rd in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $25,292.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
Town & Country Baptist Church Of Tampa, in Tampa, FL received a Paycheck Protection Loan of $25,292 through Bank of America, 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 & Country Baptist Church Of Tampa,'s 2019 payroll expenses are estimated to be at least $121,402.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,467 per employee1
Reported PPP Proceed Usage:
On the PPP application, Town & Country Baptist Church Of Tampa, reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,292
Business Information - Town & Country Baptist Church Of Tampa, in Tampa, FL
7601 Jackson Springs Rd
Tampa, FL 33615
Elementary and Secondary Schools
NAICS code 611110
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Tampa
In the Tampa area, 11 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 3) and received an average PPP loan of $373,609 (compared to this company's $25,292).
Similar Nearby Businesses Who Received PPP Funding:
Montessori Community School Inc
Windsor Learning Academy
Windsor Learning Academy Inc
Jesuit High School Of Tampa, Inc
Cambridge Christian School Inc
Lee Academy For Gifted Education, Inc
St Lawrence Catholic School
Green House Learning Academy Of Tampa
Incarnation Catholic School
Industry PPP Comparison Statistics
Nationwide, 22,714 businesses in the "Elementary and Secondary Schools" industry received a total of $7.35B 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 38 employees, 1167% higher than Town & Country Baptist Church Of Tampa,'s reported 3 employees, and received an average PPP loan of $323,643, 1180% higher than this company's loan of $25,292.
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Footnotes & Information
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