PPP Loan Data — New Jersey Organ & Tissue Sharing Network, New Providence, NJ
New Jersey Organ & Tissue Sharing Network is a non-profit organization located at 691 Central Ave in New Providence, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,735,700.00 in April, 2020.
$ PPP Loan Information
New Jersey Organ & Tissue Sharing Network received a Paycheck Protection Loan of $2.74M through PEAPACK-GLADSTONE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, New Jersey Organ & Tissue Sharing Network's total 2019 payroll expenses were approximately $13.13M in order to qualify for the PPP loan amount received.
Based on their reported 176 jobs retained, this equals an estimated average yearly compensation of $74,610 per employee1.
Business Information - New Jersey Organ & Tissue Sharing Network in New Providence, NJ
691 Central Ave
New Providence, NJ 7974
Blood and Organ Banks (NAICS code 621991)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-07
Industry PPP Comparison Statistics
Nationwide, 627 businesses in the "Blood and Organ Banks" industry received a total of $196,601,905.00 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 25 employees, 86% lower than New Jersey Organ & Tissue Sharing Network's reported 176 employees, and received an average PPP loan of $313,560, 89% lower than this company's loan of $2.74M.
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Footnotes & Information
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