FederalPay.org
PPP Loan Data — Abraham Joshua Heschel School,
New York, NY
Abraham Joshua Heschel School
Entity: Non-profit Organization
Industry: Elementary and Secondary Schools
Location: New York, NY
Tweet This
•
Search All PPP Data
Abraham Joshua Heschel School is a non-profit organization located at 20 West End Ave in New York, New York that received a Coronavirus-related PPP loan from the SBA of $5,445,864.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
365Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONAbraham Joshua Heschel School in New York, NY received a Paycheck Protection Loan of $5.45M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Abraham Joshua Heschel School's total 2019 payroll expenses were approximately $26.14M in order to qualify for the PPP loan amount received.
Based on their reported 365 jobs retained, this equals an estimated average yearly compensation of $71,617 per employee1.
Business Information - Abraham Joshua Heschel School in New York, NY
20 West End Ave
New York, NY 10023
Business Industry
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-10Similar Companies near New York
In the New York area, 28 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 75 employees (compared to this company's 365) and received an average PPP loan of $1,257,592 (compared to this company's $5.45M).
Similar Nearby Businesses Who Received PPP Funding:
Robert Louis Stevenson School
New York, NY
New York Preparatory School Inc
New York, NY
Catholic Elementary School Association
New York, NY
The Ideal School Of Manhattan
New York, NY
Dwight Global Online School LLC
New York, NY
The Gateway School Of New York
New York, NY
The Parkside School
New York, NY
Woodside Preschool Riverside Blvd LLC
New York, NY
The Geneva School Of Manhattan
New York, NY
Industry PPP Comparison Statistics
Nationwide, 15,362 businesses in the "Elementary and Secondary Schools" industry received a total of $5,824,752,723.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 90% lower than Abraham Joshua Heschel School's reported 365 employees, and received an average PPP loan of $379,166, 93% lower than this company's loan of $5.45M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
Have FederalPay.org's open data tools been valuable? Consider donating!