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PPP Loan Data — Goodwill Of Delaware And Delaware County, Wilmington, DE

SBA PPP loan data, payroll data, and salaries for Goodwill Of Delaware And Delaware County
DE

Goodwill Of Delaware And Delaware County

Entity: Corporation

Industry: Vocational Rehabilitation Services

Location: Wilmington, DE

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Goodwill Of Delaware And Delaware County is a corporation located at 300 E Lea Blvd in Wilmington, Delaware that received a Coronavirus-related PPP loan from the SBA of $4,644,900.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.64M

Jobs Retained:

0 Unreported

Loan Approved:

2020-04-16

Lender:

PNC BANK, NATIONAL ASSOCIATION

Goodwill Of Delaware And Delaware County in Wilmington, DE received a Paycheck Protection Loan of $4.64M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Goodwill Of Delaware And Delaware County's total 2019 payroll expenses were approximately $22.3M in order to qualify for the PPP loan amount received.

Unlike most businesses, Goodwill Of Delaware And Delaware County's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Because the loan received by Goodwill Of Delaware And Delaware County is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Goodwill Of Delaware And Delaware County in Wilmington, DE

Goodwill Of Delaware And Delaware County
300 E Lea Blvd
Wilmington, DE 19802

Business Industry

Vocational Rehabilitation Services (NAICS code 624310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: DE-

Industry PPP Comparison Statistics

Nationwide, 2,261 businesses in the "Vocational Rehabilitation Services" industry received a total of $613,000,241.00 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 35 employees, and received an average PPP loan of $271,119, 94% lower than this company's loan of $4.64M.

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, and is published unmodified, as provided by the SBA.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/goodwill-of-delaware-and-delaware-county-wilmington-de