NC Nonprofit Organization

Next Level Church

Entity: Non-profit Organization

Industry: Religious Organizations

Location: Matthews, NC

Tweet This • Search All PPP Data

Next Level Church is a non-profit organization located at 4317 Stevens Mill Road in Matthews, North Carolina that received a Coronavirus-related PPP loan from the SBA of $60,822.00 in April, 2020.

$ PPP Loan Information

Next Level Church received a Paycheck Protection Loan of $60,822 through SOUTH STATE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, Next Level Church's total 2019 payroll expenses were approximately $291,946 in order to qualify for the PPP loan amount received.

Based on their reported 20 jobs retained, this equals an estimated average yearly compensation of $14,597 per employee¹.

Business Information - Next Level Church in Matthews, NC

Similar Companies near Matthews

In the Matthews area, 29 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 20) and received an average PPP loan of $219,455 (compared to this company's $60,822).

Industry PPP Comparison Statistics

Nationwide, 90,482 businesses in the "Religious Organizations" industry received a total of $7,309,297,472.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 45% lower than Next Level Church's reported 20 employees, and received an average PPP loan of $80,782, 33% higher than this company's loan of $60,822.