PPP Loan Data — END Time Apostolic Church Inc, Brooklyn Park, MN
END Time Apostolic Church Inc is a non-profit organization located at 7232 Douglas Dr N in Brooklyn Park, Minnesota that received a Coronavirus-related PPP loan from the SBA of $2,800.00 in April, 2020.
$ PPP Loan Information
END Time Apostolic Church Inc received a Paycheck Protection Loan of $2,800 through MIDWESTONE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, END Time Apostolic Church Inc's total 2019 payroll expenses were approximately $13,440 in order to qualify for the PPP loan amount received.
Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $13,440 per employee1.
Business Information - END Time Apostolic Church Inc in Brooklyn Park, MN
7232 Douglas Dr N
Brooklyn Park, MN 55429
Religious Organizations (NAICS code 813110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-03
Similar Companies near Brooklyn Park
In the Brooklyn Park area, 17 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 1) and received an average PPP loan of $286,137 (compared to this company's $2,800).
Similar Nearby Businesses Who Received PPP Funding:
The Church Of Saint Raphael In Crystal, Minnesota
Church Of St Alphonsus
Grace Lutheran Church
Brooklyn Park, MN
Isaiah Sixty-One Ministries
Holy Trinity Lutheran Church
New Hope, MN
Living Word Christian Center
Brooklyn Park, MN
Brooklyn Park Lutheran Church
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, 1000% higher than END Time Apostolic Church Inc's reported 1 employees, and received an average PPP loan of $80,782, 2785% higher than this company's loan of $2,800.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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