PPP Loan Data — Zilliant, Austin, TX
Zilliant is a corporation located at 720 Brazos St in Austin, Texas that received a Coronavirus-related PPP loan from the SBA of $2,409,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 125 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Austin County State Bank
Zilliant in Austin, TX received a Paycheck Protection Loan of $2.41M through Austin County State Bank, which was approved in April, 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, Zilliant's 2019 payroll expenses are estimated to be at least $11.56M.
Based on their reported 125 jobs retained, this equals an estimated average yearly compensation of $92,506 per employee1
Reported PPP Proceed Usage:
On the PPP application, Zilliant reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,409,000
Business Information - Zilliant in Austin, TX
720 Brazos St
Austin, TX 78701
Custom Computer Programming Services
NAICS code 541511
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Austin
In the Austin area, 77 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 125) and received an average PPP loan of $188,579 (compared to this company's $2.41M).
Similar Nearby Businesses Who Received PPP Funding:
Media Sourcery Inc
Avai Mobile Solutions, LLC
Trip Loop Inc
Proof Technologies Inc
Jose Juarez Sole Proprietorship
Fantastic Software Inc
Industry PPP Comparison Statistics
Nationwide, 43,326 businesses in the "Custom Computer Programming Services" industry received a total of $6.67B 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 10 employees, 92% lower than Zilliant's reported 125 employees, and received an average PPP loan of $153,857, 94% lower than this company's loan of $2.41M.
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Footnotes & Information
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