KS Nonprofit Organization

Saint Francis Ministries, Inc.

Entity: Non-profit Organization

Industry: Other Individual and Family Services

Location: Salina, KS

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Saint Francis Ministries, Inc. is a non-profit organization located at 509 E Elm St in Salina, Kansas that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.

The company has reported itself as a male owned non-profit, and employed at least 500 people during the applicable loan loan period.

$ PPP Loan Information

Saint Francis Ministries, Inc. in Salina, KS received a Paycheck Protection Loan of $10M through INTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Saint Francis Ministries, Inc.'s total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee¹.

Business Information - Saint Francis Ministries, Inc. in Salina, KS

Similar Companies near Salina

In the Salina area, 8 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 103 employees (compared to this company's 500) and received an average PPP loan of $1,376,068 (compared to this company's $10M).

Industry PPP Comparison Statistics

Nationwide, 15,794 businesses in the "Other Individual and Family Services" industry received a total of $2,302,146,944.00 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 17 employees, 97% lower than Saint Francis Ministries, Inc.'s reported 500 employees, and received an average PPP loan of $145,761, 99% lower than this company's loan of $10M.