PPP Loan Data — Progress Foundation, San Francisco, CA
Entity: Non-profit Organization
Location: San Francisco, CATweet This • Search All PPP Data
Progress Foundation is a non-profit organization located at 368 Fell Street in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $3,696,532.00 in June, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Progress Foundation received a Paycheck Protection Loan of $3.7M through SIGNATURE BANK, which was approved in June, 2020.
Based on standard PPP eligibility rules, Progress Foundation's total 2019 payroll expenses were approximately $17.74M in order to qualify for the PPP loan amount received.
Unlike most businesses, Progress Foundation's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Progress Foundation in San Francisco, CA
368 Fell Street
San Francisco, CA 94102
Residential Mental Health and Substance Abuse Facilities (NAICS code 623220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-12
Similar Companies near San Francisco
In the San Francisco area, 2 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a PPP loan. These local businesses reported an average of 0 employees (compared to this company's 0) and received an average PPP loan of $2,598,266 (compared to this company's $3.7M).
Similar Nearby Businesses Who Received PPP Funding:
Conard House Inc
San Francisco, CA
Industry PPP Comparison Statistics
Nationwide, 2,121 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a total of $773,399,773.00 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 38 employees, and received an average PPP loan of $364,639, 90% lower than this company's loan of $3.7M.
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Footnotes & Information
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