PPP Loan Data — Catholic Charitable Bureau Of The Archdiocese Of Boston, Inc, South Boston, MA
Catholic Charitable Bureau Of The Archdiocese Of Boston, Inc is a non-profit organization located at 275 West Broadway in South Boston, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $4,065,780.00 in April, 2020.
$ PPP Loan Information
Catholic Charitable Bureau Of The Archdiocese Of Boston, Inc in South Boston, MA received a Paycheck Protection Loan of $4.07M through EASTERN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Catholic Charitable Bureau Of The Archdiocese Of Boston, Inc's total 2019 payroll expenses were approximately $19.52M in order to qualify for the PPP loan amount received.
Based on their reported 496 jobs retained, this equals an estimated average yearly compensation of $39,346 per employee1.
Business Information - Catholic Charitable Bureau Of The Archdiocese Of Boston, Inc in South Boston, MA
275 West Broadway
South Boston, MA 2127
Other Individual and Family Services (NAICS code 624190)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-08
Similar Companies near South Boston
In the South Boston area, 5 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 136 employees (compared to this company's 496) and received an average PPP loan of $1,008,699 (compared to this company's $4.07M).
Similar Nearby Businesses Who Received PPP Funding:
East Boston Social Centers
East Boston, MA
South Boston Neighborhood House, Inc.
South Boston, MA
East Boston Ecumenical Community Council
East Boston, MA
Salesian Boys And Girls Club Incorporated
Industry PPP Comparison Statistics
Nationwide, 15,794 businesses in the "Other Individual and Family Services" industry received a total of $2,302,146,944.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 17 employees, 97% lower than Catholic Charitable Bureau Of The Archdiocese Of Boston, Inc's reported 496 employees, and received an average PPP loan of $145,761, 96% lower than this company's loan of $4.07M.
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.
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