PPP Loan Data — Jewish Community Center On The Palisades, Tenafly, NJ
Jewish Community Center On The Palisades
Entity: Non-profit Organization
Location: Tenafly, NJTweet This • Search All PPP Data
Jewish Community Center On The Palisades is a non-profit organization located at 411 E Clinton Ave in Tenafly, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,735,804.00 in April, 2020.
$ PPP Loan Information
Lender:VALLEY NATIONAL BANK
Jewish Community Center On The Palisades received a Paycheck Protection Loan of $2.74M through VALLEY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jewish Community Center On The Palisades' total 2019 payroll expenses were approximately $13.13M in order to qualify for the PPP loan amount received.
Based on their reported 458 jobs retained, this equals an estimated average yearly compensation of $28,672 per employee1.
Business Information - Jewish Community Center On The Palisades in Tenafly, NJ
411 E Clinton Ave
Tenafly, NJ 7670
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-09
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 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 66 employees, 86% lower than Jewish Community Center On The Palisades' reported 458 employees, and received an average PPP loan of $557,944, 80% lower than this company's loan of $2.74M.
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Footnotes & Information
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