PPP Loan Data — Kipp: Cooper Norcross, Inc., Camden, NJ
Kipp: Cooper Norcross, Inc. is a non-profit organization located at 525 Clinton Street in Camden, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,143,780.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Kipp: Cooper Norcross, Inc. in Camden, NJ received a Paycheck Protection Loan of $3.14M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kipp: Cooper Norcross, Inc.'s total 2019 payroll expenses were approximately $15.09M in order to qualify for the PPP loan amount received.
Based on their reported 202 jobs retained, this equals an estimated average yearly compensation of $74,704 per employee1.
Business Information - Kipp: Cooper Norcross, Inc. in Camden, NJ
525 Clinton Street
Camden, NJ 08103
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-01
Similar Companies near Camden
In the Camden area, 4 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 54 employees (compared to this company's 202) and received an average PPP loan of $1,201,719 (compared to this company's $3.14M).
Similar Nearby Businesses Who Received PPP Funding:
Freedom Prep Charter School
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 Kipp: Cooper Norcross, Inc.'s reported 202 employees, and received an average PPP loan of $379,166, 88% lower than this company's loan of $3.14M.
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