PPP Loan Data — Loras College, Dubuque, IA
Loras College is a non-profit organization located at 1450 Alta Vista in Dubuque, Iowa that received a Coronavirus-related PPP loan from the SBA of $3,859,200.00 in May, 2020.
$ PPP Loan Information
Loras College received a Paycheck Protection Loan of $3.86M through MIDWESTONE BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Loras College's total 2019 payroll expenses were approximately $18.52M in order to qualify for the PPP loan amount received.
Based on their reported 491 jobs retained, this equals an estimated average yearly compensation of $37,727 per employee1.
Business Information - Loras College in Dubuque, IA
1450 Alta Vista
Dubuque, IA 52001
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IA-01
Similar Companies near Dubuque
In the Dubuque area, 2 businesses in the "Colleges, Universities, and Professional Schools" industry received a PPP loan. These local businesses reported an average of 477 employees (compared to this company's 491) and received an average PPP loan of $3,384,150 (compared to this company's $3.86M).
Similar Nearby Businesses Who Received PPP Funding:
Clarke University Of Dubuque, Iowa
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, 82% lower than Loras College's reported 491 employees, and received an average PPP loan of $829,978, 78% lower than this company's loan of $3.86M.
FederalPay's PPP Information Policy
Footnotes & Information
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