PPP Loan Data — Lower Eastside Service Center Inc., New York, NY
Lower Eastside Service Center Inc. is a non-profit organization located at 80 Maiden Lane - Suite 305 in New York, New York that received a Coronavirus-related PPP loan from the SBA of $2,814,571.00 in April, 2020.
$ PPP Loan Information
Lender:CARVER FEDERAL SAVINGS BANK
Lower Eastside Service Center Inc. received a Paycheck Protection Loan of $2.81M through CARVER FEDERAL SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lower Eastside Service Center Inc.'s total 2019 payroll expenses were approximately $13.51M in order to qualify for the PPP loan amount received.
Based on their reported 228 jobs retained, this equals an estimated average yearly compensation of $59,254 per employee1.
Business Information - Lower Eastside Service Center Inc. in New York, NY
80 Maiden Lane - Suite 305
New York, NY 10038
Administration of Public Health Programs (NAICS code 923120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-10
Similar Companies near New York
In the New York area, 2 businesses in the "Administration of Public Health Programs" industry received a PPP loan. These local businesses reported an average of 118 employees (compared to this company's 228) and received an average PPP loan of $1,438,271 (compared to this company's $2.81M).
Similar Nearby Businesses Who Received PPP Funding:
Lesc Foundation Inc
New York, NY
Industry PPP Comparison Statistics
Nationwide, 494 businesses in the "Administration of Public Health Programs" industry received a total of $124,700,995.00 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 24 employees, 89% lower than Lower Eastside Service Center Inc.'s reported 228 employees, and received an average PPP loan of $252,431, 91% lower than this company's loan of $2.81M.
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Footnotes & Information
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