FederalPay.org
PPP Loan Data — Catholic Diocese Of Wilmington,
Wilmington, DE
Catholic Diocese Of Wilmington
Entity: Non-profit Organization
Industry: Religious Organizations
Location: Wilmington, DE
Tweet This
•
Search All PPP Data
Catholic Diocese Of Wilmington is a non-profit organization located at 1925 Delaware Avenue in Wilmington, Delaware that received a Coronavirus-related PPP loan from the SBA of $4,905,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-15Lender:
CITIZENS BANK, NATIONAL ASSOCIATIONCatholic Diocese Of Wilmington received a Paycheck Protection Loan of $4.91M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Catholic Diocese Of Wilmington's total 2019 payroll expenses were approximately $23.54M in order to qualify for the PPP loan amount received.
Unlike most businesses, Catholic Diocese Of Wilmington's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Catholic Diocese Of Wilmington in Wilmington, DE
1925 Delaware Avenue
Wilmington, DE 19806
Business Industry
Religious Organizations (NAICS code 813110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: DE-Similar Companies near Wilmington
In the Wilmington area, 15 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 0) and received an average PPP loan of $497,345 (compared to this company's $4.91M).
Similar Nearby Businesses Who Received PPP Funding:
Unity Evangelical Lutheran Church Inc
Wilmington, DE
Holy Trinity Greek Orthodox Church, Inc
Wilmington, DE
St Stephens Lutheran Church
Wilmington, DE
St Josephs Church
Greenville, DE
St. Anthony's Community Center
Wilmington, DE
Hilltop Lutheran Neighborhood Center Inc
Wilmington, DE
St. Anthony Church
Wilmington, DE
St. Paul's Roman Catholic Church
Wilmington, DE
Industry PPP Comparison Statistics
Nationwide, 90,482 businesses in the "Religious Organizations" industry received a total of $7,309,297,472.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, and received an average PPP loan of $80,782, 98% lower than this company's loan of $4.91M.
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.
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!