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PPP Loan Data — Goodwill Of Western Missouri And Easter Kansas, Kansas City, MO

SBA PPP loan data, payroll data, and salaries for Goodwill Of Western Missouri And Easter Kansas
MO Nonprofit Organization

Goodwill Of Western Missouri And Easter Kansas

Entity: Non-profit Organization

Industry: Used Merchandise Stores

Location: Kansas City, MO

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Goodwill Of Western Missouri And Easter Kansas is a non-profit organization located at 800 E 18th St in Kansas City, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,873,245.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.87M

Jobs Retained:

500

Loan Approved:

2020-04-14

Lender:

ACADEMY BANK, NATIONAL ASSOCIATION

Goodwill Of Western Missouri And Easter Kansas in Kansas City, MO received a Paycheck Protection Loan of $2.87M through ACADEMY BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Goodwill Of Western Missouri And Easter Kansas' total 2019 payroll expenses were approximately $13.79M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $27,583 per employee1.

Because the loan received by Goodwill Of Western Missouri And Easter Kansas 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 Western Missouri And Easter Kansas in Kansas City, MO

Goodwill Of Western Missouri And Easter Kansas
800 E 18th St
Kansas City, MO 64108

Business Industry

Used Merchandise Stores (NAICS code 453310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MO-05

Similar Companies near Kansas City

In the Kansas City area, 2 businesses in the "Used Merchandise Stores" industry received a PPP loan. These local businesses reported an average of 251 employees (compared to this company's 500) and received an average PPP loan of $1,441,212 (compared to this company's $2.87M).

Similar Nearby Businesses Who Received PPP Funding:

The Gathering Place Kc
Kansas City, MO

$9,179 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 6,294 businesses in the "Used Merchandise Stores" industry received a total of $339,583,064.00 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 9 employees, 98% lower than Goodwill Of Western Missouri And Easter Kansas' reported 500 employees, and received an average PPP loan of $53,953, 98% lower than this company's loan of $2.87M.

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.

Search FederalPay's Full PPP Loan Database

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-western-missouri-and-easter-kansas-kansas-city-mo