PPP Loan Data — Helen Keller Services, Brooklyn, NY
Helen Keller Services is a non-profit organization located at 180 Livingston Street in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $4,740,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Dime Community Bank
Helen Keller Services in Brooklyn, NY received a Paycheck Protection Loan of $4.74M through Dime Community Bank, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Helen Keller Services' 2019 payroll expenses are estimated to be at least $22.75M.
Based on their reported 328 jobs retained, this equals an estimated average yearly compensation of $69,366 per employee1
Reported PPP Proceed Usage:
On the PPP application, Helen Keller Services reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $4,740,000
Business Information - Helen Keller Services in Brooklyn, NY
180 Livingston Street
Brooklyn, NY 11201
Other Grantmaking and Giving Services
NAICS code 813219
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Brooklyn
In the Brooklyn area, 12 businesses in the "Other Grantmaking and Giving Services" industry received a PPP loan. These local businesses reported an average of 54 employees (compared to this company's 328) and received an average PPP loan of $774,751 (compared to this company's $4.74M).
Similar Nearby Businesses Who Received PPP Funding:
Heights And Hill, Inc
Fail Better, Inc
LEN Ragozin Foundation
Heartshare Wellness LTD
Common Impact Inc
A Free Bird Corporation
Independent Feature Project Inc
Yamba Malawi Inc
Industry PPP Comparison Statistics
Nationwide, 9,749 businesses in the "Other Grantmaking and Giving Services" industry received a total of $1.31B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 15 employees, 95% lower than Helen Keller Services' reported 328 employees, and received an average PPP loan of $134,264, 97% lower than this company's loan of $4.74M.
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Footnotes & Information
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