PPP Loan Data — Roman Catholic Bishop Of Sacramento, Sacramento, CA
Roman Catholic Bishop Of Sacramento is a non-profit organization located at 2110 Broadway in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $2,779,900.00 in April, 2020.
$ PPP Loan Information
Lender:NOTRE DAME FCU
Roman Catholic Bishop Of Sacramento received a Paycheck Protection Loan of $2.78M through NOTRE DAME FCU, which was approved in April, 2020.
Based on standard PPP eligibility rules, Roman Catholic Bishop Of Sacramento's total 2019 payroll expenses were approximately $13.34M in order to qualify for the PPP loan amount received.
Based on their reported 185 jobs retained, this equals an estimated average yearly compensation of $72,127 per employee1.
Business Information - Roman Catholic Bishop Of Sacramento in Sacramento, CA
Sacramento, CA 95818
Religious Organizations (NAICS code 813110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-06
Similar Companies near Sacramento
In the Sacramento area, 18 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 185) and received an average PPP loan of $360,021 (compared to this company's $2.78M).
Similar Nearby Businesses Who Received PPP Funding:
River Life Covenant Church
Itasker Hollins Ministries
Central United Methodist Church Of Sacramento, California
Riverside United Methodist Church
St John Baptist Church
St. Francis Catholic High School Of The Diocese Of Sacrament
The Door Christian Outreach
EPC Presbytery Of The Pacific Southwest
St Rose Parish Sacramento
Industry PPP Comparison Statistics
Nationwide, 90,482 businesses in the "Religious Organizations" industry received a total of $7,309,297,472.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 94% lower than Roman Catholic Bishop Of Sacramento's reported 185 employees, and received an average PPP loan of $80,782, 97% lower than this company's loan of $2.78M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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