PPP Loan Data — Perspectives Charter School, Chicago, IL
Perspectives Charter School is a non-profit organization located at 1530 S State St., 2nd Floor in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,294,700.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
Perspectives Charter School received a Paycheck Protection Loan of $3.29M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Perspectives Charter School's total 2019 payroll expenses were approximately $15.81M in order to qualify for the PPP loan amount received.
Based on their reported 219 jobs retained, this equals an estimated average yearly compensation of $72,213 per employee1.
Business Information - Perspectives Charter School in Chicago, IL
1530 S State St., 2nd Floor
Chicago, IL 60605
All Other Miscellaneous Schools and Instruction (NAICS code 611699)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-07
Similar Companies near Chicago
In the Chicago area, 8 businesses in the "All Other Miscellaneous Schools and Instruction" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 219) and received an average PPP loan of $450,313 (compared to this company's $3.29M).
Similar Nearby Businesses Who Received PPP Funding:
Urban Non-Public Education Fund
Midwest Academy, Inc.
Gracie Chicago Jiu Jitsu Inc
Sage Corps, LLC
Private Practice Yoga, LLC
Fulcrum Education Solutions LLC
Industry PPP Comparison Statistics
Nationwide, 14,482 businesses in the "All Other Miscellaneous Schools and Instruction" industry received a total of $986,137,091.00 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 9 employees, 96% lower than Perspectives Charter School's reported 219 employees, and received an average PPP loan of $68,094, 98% lower than this company's loan of $3.29M.
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