PPP Loan Data — Germantown Friends School, Philadelphia, PA
Germantown Friends School is a non-profit organization located at 31 W Coulter St in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,212,500.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Germantown Friends School in Philadelphia, PA received a Paycheck Protection Loan of $4.21M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Germantown Friends School's total 2019 payroll expenses were approximately $20.22M in order to qualify for the PPP loan amount received.
Based on their reported 335 jobs retained, this equals an estimated average yearly compensation of $60,358 per employee1.
Business Information - Germantown Friends School in Philadelphia, PA
31 W Coulter St
Philadelphia, PA 19144
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-03
Similar Companies near Philadelphia
In the Philadelphia area, 10 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 47 employees (compared to this company's 335) and received an average PPP loan of $872,494 (compared to this company's $4.21M).
Similar Nearby Businesses Who Received PPP Funding:
The Waldorf School Of Philadelphia
Mary M Calzadilla
St Pio Catholic Regional School
Philadelphia Muay Thai Academy
Pennsylvania School For The Deaf
Greene Street Friends School
Ncredible Kidz 24 LLC
Philadelphia School Of Democracy, Inc.
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, 89% lower than Germantown Friends School's reported 335 employees, and received an average PPP loan of $379,166, 91% lower than this company's loan of $4.21M.
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Footnotes & Information
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