PPP Loan Data — Loyola Academy, Wilmette, IL
Loyola Academy is a non-profit organization located at 1100 Laramie Ave. in Wilmette, Illinois that received a Coronavirus-related PPP loan from the SBA of $4,869,270.00 in April, 2020.
$ PPP Loan Information
Lender:WINTRUST BANK, NATIONAL ASSOCIATION
Loyola Academy received a Paycheck Protection Loan of $4.87M through WINTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Loyola Academy's total 2019 payroll expenses were approximately $23.37M in order to qualify for the PPP loan amount received.
Based on their reported 297 jobs retained, this equals an estimated average yearly compensation of $78,695 per employee1.
Business Information - Loyola Academy in Wilmette, IL
1100 Laramie Ave.
Wilmette, IL 60091
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-09
Similar Companies near Wilmette
In the Wilmette area, 6 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 67 employees (compared to this company's 297) and received an average PPP loan of $1,025,019 (compared to this company's $4.87M).
Similar Nearby Businesses Who Received PPP Funding:
Chicago Executive Flight School, LLC
Alexander Graham Bell Montessori School
The Learning House
Regina Dominican High School
Ronald Knox Montessori 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, 87% lower than Loyola Academy's reported 297 employees, and received an average PPP loan of $379,166, 92% lower than this company's loan of $4.87M.
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Footnotes & Information
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