International Risk Management Institute Inc
PPP Loan Data — International Risk Management Institute Inc, Dallas, TX
Entity: Corporation
Industry: Professional and Management Development Training
International Risk Management Institute Inc is a corporation located at 12222 Merit Drive Suite 1600 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $2,759,861.00 in April, 2020.
International Risk Management Institute Inc in Dallas, TX received a Paycheck Protection Loan of $2.76M through The Northern Trust Company, which was approved in April, 2020.
For International Risk Management Institute Inc, the calculation used to estimate payroll costs is shown below:
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, International Risk Management Institute Inc's 2019 payroll expenses are estimated to be at least $13.25M.
On the PPP application, International Risk Management Institute Inc reported intending to use the proceeds of their PPP loan for the following expenses:
Because the loan received by International Risk Management Institute Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.
Business Information - International Risk Management Institute Inc in Dallas, TX
12222 Merit Drive Suite 1600
Professional and Management Development Training
Dallas County, TX — SBA Office 0610 — Congressional District: TX-32
Similar Companies near Dallas
In the Dallas area, 2 businesses in the "Professional and Management Development Training" industry received a PPP loan. These local businesses reported an average of 90 employees (compared to this company's 178) and received an average PPP loan of $1,383,530 (compared to this company's $2.76M).
Hector Cardenas
Nationwide, 11,918 businesses in the "Professional and Management Development Training" industry received a total of $598.53M 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 4 employees, 98% lower than International Risk Management Institute Inc's reported 178 employees, and received an average PPP loan of $50,221, 98% lower than this company's loan of $2.76M.
Source: www.federalpay.org/paycheck-protection-program/international-risk-management-institute-inc-dallas-tx