PPP Loan Data — M.C. Preparatory School Of Wisconsin, Inc., Milwaukee, WI
M.C. Preparatory School Of Wisconsin, Inc. is a corporation located at 1228 W Lloyd St in Milwaukee, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,098,013.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST MIDWEST BANK
M.C. Preparatory School Of Wisconsin, Inc. in Milwaukee, WI received a Paycheck Protection Loan of $3.1M through FIRST MIDWEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, M.C. Preparatory School Of Wisconsin, Inc.'s total 2019 payroll expenses were approximately $14.87M in order to qualify for the PPP loan amount received.
Based on their reported 301 jobs retained, this equals an estimated average yearly compensation of $49,404 per employee1.
Business Information - M.C. Preparatory School Of Wisconsin, Inc. in Milwaukee, WI
1228 W Lloyd St
Milwaukee, WI 53205
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: NON-VETERANCongressional District: WI-04
Similar Companies near Milwaukee
In the Milwaukee area, 12 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 103 employees (compared to this company's 301) and received an average PPP loan of $918,637 (compared to this company's $3.1M).
Similar Nearby Businesses Who Received PPP Funding:
Trans Center For Youth Inc
St Peter Evangelical Lutheran Church
Siloah Lutheran School
Academy Of Excellence
Notre Dame School Of Milwaukee, Inc.
Young Minds Creative Academy Corporation
Divine Destiny School, Inc.
United Community Center Inc
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 M.C. Preparatory School Of Wisconsin, Inc.'s reported 301 employees, and received an average PPP loan of $379,166, 88% lower than this company's loan of $3.1M.
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