PPP Loan Data — Franklin College Of Indiana, Inc., Franklin, IN
Franklin College Of Indiana, Inc. is a non-profit organization located at 101 Branigin Boulevard in Franklin, Indiana that received a Coronavirus-related PPP loan from the SBA of $2,643,200.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Franklin College Of Indiana, Inc. in Franklin, IN received a Paycheck Protection Loan of $2.64M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Franklin College Of Indiana, Inc.'s total 2019 payroll expenses were approximately $12.69M in order to qualify for the PPP loan amount received.
Based on their reported 304 jobs retained, this equals an estimated average yearly compensation of $41,735 per employee1.
Business Information - Franklin College Of Indiana, Inc. in Franklin, IN
101 Branigin Boulevard
Franklin, IN 46131
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-09
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, 72% lower than Franklin College Of Indiana, Inc.'s reported 304 employees, and received an average PPP loan of $829,978, 69% lower than this company's loan of $2.64M.
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Footnotes & Information
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