PPP Loan Data — Fisk University, Nashville, TN
Fisk University is a non-profit organization located at 1000 Seventeenth Avenue North in Nashville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $2,550,000.00 in April, 2020.
$ PPP Loan Information
Fisk University received a Paycheck Protection Loan of $2.55M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Fisk University's total 2019 payroll expenses were approximately $12.24M in order to qualify for the PPP loan amount received.
Based on their reported 390 jobs retained, this equals an estimated average yearly compensation of $31,385 per employee1.
Business Information - Fisk University in Nashville, TN
1000 Seventeenth Avenue North
Nashville, TN 37208
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-05
Similar Companies near Nashville
In the Nashville area, 3 businesses in the "Colleges, Universities, and Professional Schools" industry received a PPP loan. These local businesses reported an average of 143 employees (compared to this company's 390) and received an average PPP loan of $982,800 (compared to this company's $2.55M).
Similar Nearby Businesses Who Received PPP Funding:
American Baptist Theological Seminary
Persist Nashville, Inc.
Industry PPP Comparison Statistics
Nationwide, 2,077 businesses in the "Colleges, Universities, and Professional Schools" industry received a total of $1,723,864,433.00 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 86 employees, 78% lower than Fisk University's reported 390 employees, and received an average PPP loan of $829,978, 67% lower than this company's loan of $2.55M.
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Footnotes & Information
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