PPP Loan Data — Masonic Charity Foundation Of New Jersey, Burlington, NJ
Masonic Charity Foundation Of New Jersey is a non-profit organization located at 902 Jacksonville Rd in Burlington, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,010,070.00 in April, 2020.
$ PPP Loan Information
Lender:WILMINGTON SAVINGS FUND SOCIETY, FSB
Masonic Charity Foundation Of New Jersey in Burlington, NJ received a Paycheck Protection Loan of $4.01M through WILMINGTON SAVINGS FUND SOCIETY, FSB, which was approved in April, 2020.
Based on standard PPP eligibility rules, Masonic Charity Foundation Of New Jersey's total 2019 payroll expenses were approximately $19.25M in order to qualify for the PPP loan amount received.
Based on their reported 411 jobs retained, this equals an estimated average yearly compensation of $46,833 per employee1.
Business Information - Masonic Charity Foundation Of New Jersey in Burlington, NJ
902 Jacksonville Rd
Burlington, NJ 08016
All Other Personal Services (NAICS code 812990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-03
Similar Companies near Burlington
In the Burlington area, 12 businesses in the "All Other Personal Services" industry received a PPP loan. These local businesses reported an average of 36 employees (compared to this company's 411) and received an average PPP loan of $345,377 (compared to this company's $4.01M).
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Industry PPP Comparison Statistics
Nationwide, 73,988 businesses in the "All Other Personal Services" industry received a total of $2,458,516,421.00 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 3 employees, 99% lower than Masonic Charity Foundation Of New Jersey's reported 411 employees, and received an average PPP loan of $33,229, 99% lower than this company's loan of $4.01M.
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