PPP Loan Data — Community Connections, Inc., Washington, DC
Community Connections, Inc. is a non-profit organization located at 801 Pennsylvania Ave. Se in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $3,764,400.00 in April, 2020.
$ PPP Loan Information
Lender:CAPITAL BANK, NATIONAL ASSOCIATION
Community Connections, Inc. received a Paycheck Protection Loan of $3.76M through CAPITAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Community Connections, Inc.'s total 2019 payroll expenses were approximately $18.07M in order to qualify for the PPP loan amount received.
Based on their reported 313 jobs retained, this equals an estimated average yearly compensation of $57,729 per employee1.
Business Information - Community Connections, Inc. in Washington, DC
801 Pennsylvania Ave. Se
Washington, DC 20003
Other Individual and Family Services (NAICS code 624190)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: DC-
Similar Companies near Washington
In the Washington area, 14 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 313) and received an average PPP loan of $607,006 (compared to this company's $3.76M).
Similar Nearby Businesses Who Received PPP Funding:
Progressive Life Center Inc
Life Enhancement Services LLC
One Golden Beet LLC
Sexual Minority Youth Assistance League
The Aslan Project Inc
Travelers Aid International Inc
Neighborhood Legal Services
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, 95% lower than Community Connections, Inc.'s reported 313 employees, and received an average PPP loan of $145,761, 96% lower than this company's loan of $3.76M.
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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