PPP Loan Data — Franklin Pierce University, Rindge, NH
Franklin Pierce University is a non-profit organization located at 40 University Dr in Rindge, New Hampshire that received a Coronavirus-related PPP loan from the SBA of $4,126,862.00 in June, 2020.
$ PPP Loan Information
Lender:PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION
Franklin Pierce University received a Paycheck Protection Loan of $4.13M through PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION, which was approved in June, 2020.
Based on standard PPP eligibility rules, Franklin Pierce University's total 2019 payroll expenses were approximately $19.81M in order to qualify for the PPP loan amount received.
Based on their reported 482 jobs retained, this equals an estimated average yearly compensation of $41,097 per employee1.
Business Information - Franklin Pierce University in Rindge, NH
40 University Dr
Rindge, NH 3461
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NH-02
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, 82% lower than Franklin Pierce University's reported 482 employees, and received an average PPP loan of $829,978, 80% lower than this company's loan of $4.13M.
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Footnotes & Information
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