PPP Loan Data — Jewish Family & Community Services, Inc, Jacksonville, FL
Jewish Family & Community Services, Inc is a non-profit organization located at 8540 Baycenter Rd. in Jacksonville, Florida that received a Coronavirus-related PPP loan from the SBA of $1,636,300.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Jewish Family & Community Services, Inc in Jacksonville, FL received a Paycheck Protection Loan of $1.64M through Ameris Bank, which was approved in April, 2020.
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, Jewish Family & Community Services, Inc's 2019 payroll expenses are estimated to be at least $7.85M.
Based on their reported 195 jobs retained, this equals an estimated average yearly compensation of $40,278 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jewish Family & Community Services, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,636,300
Business Information - Jewish Family & Community Services, Inc in Jacksonville, FL
8540 Baycenter Rd.
Jacksonville, FL 32256
Other Individual and Family Services
NAICS code 624190
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Jacksonville
In the Jacksonville area, 8 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 195) and received an average PPP loan of $210,869 (compared to this company's $1.64M).
Similar Nearby Businesses Who Received PPP Funding:
Southside Counseling Biofeedback And Stress Management
Concierge & VIP Counseling LLC
Biofeedback Associates Of Northeast Florida, Inc
Positive Development LLC
Industry PPP Comparison Statistics
Nationwide, 25,118 businesses in the "Other Individual and Family Services" industry received a total of $2.96B 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 16 employees, 92% lower than Jewish Family & Community Services, Inc's reported 195 employees, and received an average PPP loan of $117,860, 93% lower than this company's loan of $1.64M.
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Footnotes & Information
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