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PPP Loan Data — Central Park Conservancy, Inc.,
New York, NY
Central Park Conservancy, Inc.
Entity: Non-profit Organization
Industry: Other Grantmaking and Giving Services
Location: New York, NY
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Central Park Conservancy, Inc. is a non-profit organization located at 14 East 60th Street in New York, New York that received a Coronavirus-related PPP loan from the SBA of $5,360,760.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
336Loan Approved:
2020-04-10Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONCentral Park Conservancy, Inc. received a Paycheck Protection Loan of $5.36M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Central Park Conservancy, Inc.'s total 2019 payroll expenses were approximately $25.73M in order to qualify for the PPP loan amount received.
Based on their reported 336 jobs retained, this equals an estimated average yearly compensation of $76,582 per employee1.
Business Information - Central Park Conservancy, Inc. in New York, NY
14 East 60th Street
New York, NY 10022
Business Industry
Other Grantmaking and Giving Services (NAICS code 813219)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-12Similar Companies near New York
In the New York area, 21 businesses in the "Other Grantmaking and Giving Services" industry received a PPP loan. These local businesses reported an average of 56 employees (compared to this company's 336) and received an average PPP loan of $957,666 (compared to this company's $5.36M).
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Industry PPP Comparison Statistics
Nationwide, 6,269 businesses in the "Other Grantmaking and Giving Services" industry received a total of $998,645,047.00 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 16 employees, 95% lower than Central Park Conservancy, Inc.'s reported 336 employees, and received an average PPP loan of $159,299, 97% lower than this company's loan of $5.36M.
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.
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