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PPP Loan Data — Hyde Leadership Charter School,
Bronx, NY
Hyde Leadership Charter School
Entity: Non-profit Organization
Industry: Elementary and Secondary Schools
Location: Bronx, NY
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Hyde Leadership Charter School is a non-profit organization located at 830 Hunts Point Ave in Bronx, New York that received a Coronavirus-related PPP loan from the SBA of $3,130,640.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
204Loan Approved:
2020-04-27Lender:
BBVA USAHyde Leadership Charter School in Bronx, NY received a Paycheck Protection Loan of $3.13M through BBVA USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hyde Leadership Charter School's total 2019 payroll expenses were approximately $15.03M in order to qualify for the PPP loan amount received.
Based on their reported 204 jobs retained, this equals an estimated average yearly compensation of $73,662 per employee1.
Business Information - Hyde Leadership Charter School in Bronx, NY
830 Hunts Point Ave
Bronx, NY 10474
Business Industry
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-15Similar Companies near Bronx
In the Bronx area, 6 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 74 employees (compared to this company's 204) and received an average PPP loan of $1,090,514 (compared to this company's $3.13M).
Similar Nearby Businesses Who Received PPP Funding:
Grand Concourse Academy Charter School
Bronx, NY
The Garvey School-Sba Small 7A Term
Bronx, NY
Equality Charter School
Bronx, NY
Emblaze Academy Charter School
Bronx, NY
St Ignatius School
Bronx, NY
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, 81% lower than Hyde Leadership Charter School's reported 204 employees, and received an average PPP loan of $379,166, 88% lower than this company's loan of $3.13M.
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.
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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