PPP Loan Data — Confluence Academy, Inc, Saint Louis, MO
Confluence Academy, Inc is a non-profit organization located at 611 N 10th St in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $4,314,571.00 in April, 2020.
$ PPP Loan Information
Lender:PEOPLES NATIONAL BANK, NATIONAL ASSOCIATION
Confluence Academy, Inc in Saint Louis, MO received a Paycheck Protection Loan of $4.31M through PEOPLES NATIONAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Confluence Academy, Inc's total 2019 payroll expenses were approximately $20.71M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $82,840 per employee1.
Business Information - Confluence Academy, Inc in Saint Louis, MO
611 N 10th St
Saint Louis, MO 63101
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-01
Industry PPP Comparison Statistics
Nationwide, 15,362 businesses in the "Elementary and Secondary Schools" industry received a total of $5,824,752,723.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 85% lower than Confluence Academy, Inc's reported 250 employees, and received an average PPP loan of $379,166, 91% lower than this company's loan of $4.31M.
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Footnotes & Information
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