PPP Loan Data — Presbyterian College, Clinton, SC
Presbyterian College is a non-profit organization located at 503 S Broad St in Clinton, South Carolina that received a Coronavirus-related PPP loan from the SBA of $4,530,705.00 in April, 2020.
$ PPP Loan Information
Presbyterian College received a Paycheck Protection Loan of $4.53M through SYNOVUS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Presbyterian College's total 2019 payroll expenses were approximately $21.75M in order to qualify for the PPP loan amount received.
Based on their reported 347 jobs retained, this equals an estimated average yearly compensation of $62,673 per employee1.
Business Information - Presbyterian College in Clinton, SC
503 S Broad St
Clinton, SC 29325
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: SC-03
Industry PPP Comparison Statistics
Nationwide, 2,077 businesses in the "Colleges, Universities, and Professional Schools" industry received a total of $1,723,864,433.00 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 86 employees, 75% lower than Presbyterian College's reported 347 employees, and received an average PPP loan of $829,978, 82% lower than this company's loan of $4.53M.
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Footnotes & Information
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