PPP Loan Data — Mid-America Nazarene University, Olathe, KS
Mid-America Nazarene University is a non-profit organization located at 2030 E College Way in Olathe, Kansas that received a Coronavirus-related PPP loan from the SBA of $3,126,900.00 in April, 2020.
$ PPP Loan Information
Mid-America Nazarene University received a Paycheck Protection Loan of $3.13M through CROSSFIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mid-America Nazarene University's total 2019 payroll expenses were approximately $15.01M in order to qualify for the PPP loan amount received.
Based on their reported 451 jobs retained, this equals an estimated average yearly compensation of $33,280 per employee1.
Business Information - Mid-America Nazarene University in Olathe, KS
2030 E College Way
Olathe, KS 66062
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KS-03
Similar Companies near Olathe
In the Olathe area, 2 businesses in the "Colleges, Universities, and Professional Schools" industry received a PPP loan. These local businesses reported an average of 271 employees (compared to this company's 451) and received an average PPP loan of $1,808,050 (compared to this company's $3.13M).
Similar Nearby Businesses Who Received PPP Funding:
The College Church Of The Nazarene, Inc. Olathe, Ks
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, 81% lower than Mid-America Nazarene University's reported 451 employees, and received an average PPP loan of $829,978, 73% lower than this company's loan of $3.13M.
FederalPay's PPP Information Policy
Footnotes & Information
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