PPP Loan Data — Logan University, Inc., Chesterfield, MO
Logan University, Inc. is a non-profit organization located at 1851 Schoettler Rd in Chesterfield, Missouri that received a Coronavirus-related PPP loan from the SBA of $3,180,000.00 in April, 2020.
$ PPP Loan Information
Logan University, Inc. in Chesterfield, MO received a Paycheck Protection Loan of $3.18M through COMMERCE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Logan University, Inc.'s total 2019 payroll expenses were approximately $15.26M in order to qualify for the PPP loan amount received.
Based on their reported 230 jobs retained, this equals an estimated average yearly compensation of $66,365 per employee1.
Business Information - Logan University, Inc. in Chesterfield, MO
1851 Schoettler Rd
Chesterfield, MO 63017
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-02
Industry PPP Comparison Statistics
Nationwide, 2,077 businesses in the "Colleges, Universities, and Professional Schools" industry received a total of $1,723,864,433.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 86 employees, 63% lower than Logan University, Inc.'s reported 230 employees, and received an average PPP loan of $829,978, 74% lower than this company's loan of $3.18M.
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Footnotes & Information
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