PPP Loan Data — Presbytery Of Wyoming, Casper, WY
Presbytery Of Wyoming is a non-profit organization located at 118 E 9th St in Casper, Wyoming that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Hilltop National Bank
Presbytery Of Wyoming in Casper, WY received a Paycheck Protection Loan of $25,000 through Hilltop National 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 January, 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, Presbytery Of Wyoming's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Presbytery Of Wyoming reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Presbytery Of Wyoming in Casper, WY
118 E 9th St
Casper, WY 82601
NAICS code 813110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Casper
In the Casper area, 21 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 4) and received an average PPP loan of $33,341 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
First United Methodist Church
First Baptist Church
Bradley D Climer
Our Saviour's Luthran Church
First Christian Church
ST. Mark's Episopal Church
Industry PPP Comparison Statistics
Nationwide, 123,083 businesses in the "Religious Organizations" industry received a total of $9.27B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 200% higher than Presbytery Of Wyoming's reported 4 employees, and received an average PPP loan of $75,298, 201% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
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