PPP Loan Data — Twin Cities Public Television, Inc., Saint Paul, MN
Twin Cities Public Television, Inc. is a non-profit organization located at 172 E. Fourth St. in Saint Paul, Minnesota that received a Coronavirus-related PPP loan from the SBA of $3,118,300.00 in April, 2020.
$ PPP Loan Information
Lender:BREMER BANK, NATIONAL ASSOCIATION
Twin Cities Public Television, Inc. received a Paycheck Protection Loan of $3.12M through BREMER BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Twin Cities Public Television, Inc.'s total 2019 payroll expenses were approximately $14.97M in order to qualify for the PPP loan amount received.
Based on their reported 220 jobs retained, this equals an estimated average yearly compensation of $68,036 per employee1.
Business Information - Twin Cities Public Television, Inc. in Saint Paul, MN
172 E. Fourth St.
Saint Paul, MN 55101
Television Broadcasting (NAICS code 515120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-04
Similar Companies near Saint Paul
In the Saint Paul area, 2 businesses in the "Television Broadcasting" industry received a PPP loan. These local businesses reported an average of 111 employees (compared to this company's 220) and received an average PPP loan of $1,563,665 (compared to this company's $3.12M).
Similar Nearby Businesses Who Received PPP Funding:
K W Smith Productions Inc
Saint Paul, MN
Industry PPP Comparison Statistics
Nationwide, 966 businesses in the "Television Broadcasting" industry received a total of $160,750,788.00 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 12 employees, 95% lower than Twin Cities Public Television, Inc.'s reported 220 employees, and received an average PPP loan of $166,409, 95% lower than this company's loan of $3.12M.
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