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PPP Loan Data — Kentwood Christian Church,
Kentwood, MI
Kentwood Christian Church
Entity: Non-profit Organization
Industry: Religious Organizations
Location: Kentwood, MI
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Kentwood Christian Church is a non-profit organization located at 5841 Kalamazoo Ave. in Kentwood, Michigan that received a Coronavirus-related PPP loan from the SBA of $30,100.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
5Loan Approved:
2020-05-18Lender:
PACIFIC MERCANTILE BANKKentwood Christian Church received a Paycheck Protection Loan of $30,100 through PACIFIC MERCANTILE BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Kentwood Christian Church's total 2019 payroll expenses were approximately $144,480 in order to qualify for the PPP loan amount received.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $28,896 per employee1.
Business Information - Kentwood Christian Church in Kentwood, MI
5841 Kalamazoo Ave.
Kentwood, MI 49508
Business Industry
Religious Organizations (NAICS code 813110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MI-02Similar Companies near Kentwood
In the Kentwood area, 44 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 5) and received an average PPP loan of $191,812 (compared to this company's $30,100).
Similar Nearby Businesses Who Received PPP Funding:
Praise Place Multipurpose Ministry Center, LLC
Grand Rapids, MI
Unison Christian Church
Grand Rapids, MI
Kentwood Community Wesleyan Church
Grand Rapids, MI
Tabernacle Community Church
Grand Rapids, MI
West Michigan Lutheran High School Association
Wyoming, MI
Keys For Kids Ministries
Grand Rapids, MI
Iglesia Evangelica De Restauracion Elim
Wyoming, MI
Dynamic Youth Ministries
Grand Rapids, MI
Lamb Of God Church
Grand Rapids, MI
Industry PPP Comparison Statistics
Nationwide, 90,482 businesses in the "Religious Organizations" industry received a total of $7,309,297,472.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 120% higher than Kentwood Christian Church's reported 5 employees, and received an average PPP loan of $80,782, 168% higher than this company's loan of $30,100.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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