PPP Loan Data — United States Bowling Congress, Inc, Arlington, TX
United States Bowling Congress, Inc is a non-profit organization located at 621 Six Flags Dr in Arlington, Texas that received a Coronavirus-related PPP loan from the SBA of $1,693,900.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
United States Bowling Congress, Inc in Arlington, TX received a Paycheck Protection Loan of $1.69M through Frost Bank, 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 January, 2021.
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, United States Bowling Congress, Inc's 2019 payroll expenses are estimated to be at least $8.13M.
Based on their reported 99 jobs retained, this equals an estimated average yearly compensation of $82,128 per employee1
Reported PPP Proceed Usage:
On the PPP application, United States Bowling Congress, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,693,900
Business Information - United States Bowling Congress, Inc in Arlington, TX
621 Six Flags Dr
Arlington, TX 76011
Civic and Social Organizations
NAICS code 813410
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Arlington
In the Arlington area, 10 businesses in the "Civic and Social Organizations" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 99) and received an average PPP loan of $383,889 (compared to this company's $1.69M).
Similar Nearby Businesses Who Received PPP Funding:
IBC Youth Bowling Inc
The National Order Of Omega
Miguel Sanchez, Inc
United States Bowling Congress
Arlington Lodge No. 2114Benevolent And Protective Order Of E
ABC Order Processing Inc
Industry PPP Comparison Statistics
Nationwide, 18,550 businesses in the "Civic and Social Organizations" industry received a total of $2.6B 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 20 employees, 80% lower than United States Bowling Congress, Inc's reported 99 employees, and received an average PPP loan of $140,085, 92% lower than this company's loan of $1.69M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!