PPP Loan Data — PAN African Sanctuary Alliance, Portland, OR
PAN African Sanctuary Alliance is a non-profit organization located at 3426 Sw Arnold St in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $47,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Washington Trust Bank
PAN African Sanctuary Alliance in Portland, OR received a Paycheck Protection Loan of $47,000 through Washington Trust Bank, 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 December, 2020.
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, PAN African Sanctuary Alliance's 2019 payroll expenses are estimated to be at least $225,600.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $45,120 per employee1
Reported PPP Proceed Usage:
On the PPP application, PAN African Sanctuary Alliance reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $47,000
Business Information - PAN African Sanctuary Alliance in Portland, OR
3426 Sw Arnold St
Portland, OR 97219
All Other Support Services
NAICS code 561990
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Portland
In the Portland area, 10 businesses in the "All Other Support Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 5) and received an average PPP loan of $23,746 (compared to this company's $47,000).
Similar Nearby Businesses Who Received PPP Funding:
Telecomunication Design Management Inc
D. James Aungst, DC., PC
DRD Life Inc
Asset Mgmt Specialists
Industry PPP Comparison Statistics
Nationwide, 33,705 businesses in the "All Other Support Services" industry received a total of $1.71B 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 7 employees, 40% higher than PAN African Sanctuary Alliance's reported 5 employees, and received an average PPP loan of $50,635, 8% higher than this company's loan of $47,000.
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Footnotes & Information
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