PPP Loan Data — Limestone College, Gaffney, SC
Limestone College is a non-profit organization located at 1115 College Drive in Gaffney, South Carolina that received a Coronavirus-related PPP loan from the SBA of $3,122,100.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:FIRST NATIONAL BANK OF PENNSYLVANIA
Limestone College in Gaffney, SC received a Paycheck Protection Loan of $3.12M through FIRST NATIONAL BANK OF PENNSYLVANIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Limestone College's total 2019 payroll expenses were approximately $14.99M in order to qualify for the PPP loan amount received.
Unlike most businesses, Limestone College's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Limestone College in Gaffney, SC
1115 College Drive
Gaffney, SC 29340
All Other Business Support Services (NAICS code 561499)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: SC-05
Similar Companies near Gaffney
In the Gaffney area, 23 businesses in the "All Other Business Support Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 0) and received an average PPP loan of $230,919 (compared to this company's $3.12M).
Similar Nearby Businesses Who Received PPP Funding:
Suck Creek Baptist Church
Temple Baptist Church
Maha Varahi LLC
Bill Mason Enterprises LLC
Double R Utilities Inc
Mullinax Tab, Inc.
JRV Group LLC
Diamond Child Development Center LLC
Industry PPP Comparison Statistics
Nationwide, 28,906 businesses in the "All Other Business Support Services" industry received a total of $1,963,852,672.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, and received an average PPP loan of $67,939, 98% lower than this company's loan of $3.12M.
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Footnotes & Information
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