PPP Loan Data — Notre Dame Preparatory Roman Catholic High School, Scottsdale, AZ
Notre Dame Preparatory Roman Catholic High School is a non-profit organization located at 9701 E Bell Rd in Scottsdale, Arizona that received a Coronavirus-related PPP loan from the SBA of $1,830,302.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Notre Dame Preparatory Roman Catholic High School in Scottsdale, AZ received a Paycheck Protection Loan of $1.83M through BBVA USA, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in June, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Notre Dame Preparatory Roman Catholic High School's 2019 payroll expenses are estimated to be at least $8.79M.
Based on their reported 126 jobs retained, this equals an estimated average yearly compensation of $69,726 per employee1
Reported PPP Proceed Usage:
On the PPP application, Notre Dame Preparatory Roman Catholic High School reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,830,302
Business Information - Notre Dame Preparatory Roman Catholic High School in Scottsdale, AZ
9701 E Bell Rd
Scottsdale, AZ 85260
Elementary and Secondary Schools
NAICS code 611110
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Scottsdale
In the Scottsdale area, 9 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 126) and received an average PPP loan of $365,226 (compared to this company's $1.83M).
Similar Nearby Businesses Who Received PPP Funding:
The Farm At Mission Montessori Academy, LLC
Sally Rogerson Academy LLC
Menachem Mendel Academy
Shmoop University, Inc
Scottsdale Child Care & Learning Center, Inc
DMB Wilson, Inc
Industry PPP Comparison Statistics
Nationwide, 22,714 businesses in the "Elementary and Secondary Schools" industry received a total of $7.35B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 38 employees, 70% lower than Notre Dame Preparatory Roman Catholic High School's reported 126 employees, and received an average PPP loan of $323,643, 82% lower than this company's loan of $1.83M.
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Footnotes & Information
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