PPP Loan Data — Guilford College, Greensboro, NC
Guilford College is a non-profit organization located at 5800 West Friendly Ave in Greensboro, North Carolina that received a Coronavirus-related PPP loan from the SBA of $4,451,812.00 in May, 2020.
$ PPP Loan Information
Lender:FIRST NATIONAL BANK OF PENNSYLVANIA
Guilford College in Greensboro, NC received a Paycheck Protection Loan of $4.45M through FIRST NATIONAL BANK OF PENNSYLVANIA, which was approved in May, 2020.
Based on standard PPP eligibility rules, Guilford College's total 2019 payroll expenses were approximately $21.37M in order to qualify for the PPP loan amount received.
Based on their reported 424 jobs retained, this equals an estimated average yearly compensation of $50,398 per employee1.
Business Information - Guilford College in Greensboro, NC
5800 West Friendly Ave
Greensboro, NC 27410
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-13
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, 80% lower than Guilford College's reported 424 employees, and received an average PPP loan of $829,978, 81% lower than this company's loan of $4.45M.
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Footnotes & Information
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