FederalPay.org
PPP Loan Data — Autism Speaks Inc,
New York, NY
Autism Speaks Inc
Entity: Non-profit Organization
Industry: Voluntary Health Organizations
Location: New York, NY
Tweet This
•
Search All PPP Data
Autism Speaks Inc is a non-profit organization located at 1 E 33rd St in New York, New York that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in January, 2021.
$
PPP Loan Information
Loan #4397158300
Loan Size:
Jobs Retained:
150Loan Approved:
2021-01-23Loan Status:
Ongoing LoanLender:
Hingham Institution for SavingsAutism Speaks Inc in New York, NY received a Paycheck Protection Loan of $2M through Hingham Institution for Savings, which was approved in January, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Autism Speaks Inc's 2019 payroll expenses are estimated to be at least $9.6M.
Based on their reported 150 jobs retained, this equals an estimated average yearly compensation of $64,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Autism Speaks Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,999,998
- Utilities: $1
Business Information - Autism Speaks Inc in New York, NY
1 E 33rd St
New York, NY 10016
Business Industry:
Voluntary Health Organizations
NAICS code 813212
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Autism Speaks Inc.
Dana-Co LLC
Women's, Children's, and Infants' Clothing and Accessories Merchant Wholesalers
Similar Companies near New York
In the New York area, 12 businesses in the "Voluntary Health Organizations" industry received a PPP loan. These local businesses reported an average of 143 employees (compared to this company's 150) and received an average PPP loan of $2,309,779 (compared to this company's $2M).
Similar Nearby Businesses Who Received PPP Funding:
Project 8P Foundation
New York, NY
The Coalition For Hemophilia B
New York, NY
Israel Cancer Research Fund Inc
New York, NY
National Kidney Foundation, Inc
New York, NY
Fight For Sight, Inc
New York, NY
Myasthenia Gravis Foundation Of America, Inc
New York, NY
Crohn's & Colitis Foundation Inc
New York, NY
Lupus Research Alliance Inc
New York, NY
Industry PPP Comparison Statistics
Nationwide, 2,066 businesses in the "Voluntary Health Organizations" industry received a total of $424.24M 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 19 employees, 87% lower than Autism Speaks Inc's reported 150 employees, and received an average PPP loan of $205,344, 90% lower than this company's loan of $2M.
Autism Speaks Inc
Entity: Non-profit Organization
Industry: Voluntary Health Organizations
Location: New York, NY
Tweet This
•
Search All PPP Data
Autism Speaks Inc is a non-profit organization located at 1 E 33rd Street in New York, New York that received a Coronavirus-related PPP loan from the SBA of $3,293,680.00 in April, 2020.
$
PPP Loan Information
Loan #3695697208
Loan Size:
Jobs Retained:
178Loan Approved:
2020-04-27Loan Status:
Paid in Full or ForgivenLender:
Hingham Institution for SavingsAutism Speaks Inc in New York, NY received a Paycheck Protection Loan of $3.29M through Hingham Institution for Savings, 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 July, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Autism Speaks Inc's 2019 payroll expenses are estimated to be at least $15.81M.
Based on their reported 178 jobs retained, this equals an estimated average yearly compensation of $88,818 per employee1
Reported PPP Proceed Usage:
On the PPP application, Autism Speaks Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,293,680
Business Information - Autism Speaks Inc in New York, NY
1 E 33rd Street
New York, NY 10016
Business Industry:
Voluntary Health Organizations
NAICS code 813212
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age:
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Autism Speaks Inc.
M & J Hospitality Group LLC
Hotels (except Casino Hotels) and Motels
Similar Companies near New York
In the New York area, 12 businesses in the "Voluntary Health Organizations" industry received a PPP loan. These local businesses reported an average of 143 employees (compared to this company's 178) and received an average PPP loan of $2,309,779 (compared to this company's $3.29M).
Similar Nearby Businesses Who Received PPP Funding:
Project 8P Foundation
New York, NY
The Coalition For Hemophilia B
New York, NY
Israel Cancer Research Fund Inc
New York, NY
National Kidney Foundation, Inc
New York, NY
Fight For Sight, Inc
New York, NY
Myasthenia Gravis Foundation Of America, Inc
New York, NY
Crohn's & Colitis Foundation Inc
New York, NY
Lupus Research Alliance Inc
New York, NY
Industry PPP Comparison Statistics
Nationwide, 2,066 businesses in the "Voluntary Health Organizations" industry received a total of $424.24M 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 19 employees, 89% lower than Autism Speaks Inc's reported 178 employees, and received an average PPP loan of $205,344, 94% lower than this company's loan of $3.29M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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!