PPP Loan Data — Saint Raphael Parish, Pittsburgh, PA
Saint Raphael Parish is a non-profit organization located at 1154 Chislett St in Pittsburgh, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $45,900.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First National Bank of Pennsylvania
Saint Raphael Parish in Pittsburgh, PA received a Paycheck Protection Loan of $45,900 through First National Bank of Pennsylvania, which was approved in April, 2020.
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, Saint Raphael Parish's 2019 payroll expenses are estimated to be at least $220,320.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $24,480 per employee1
Reported PPP Proceed Usage:
On the PPP application, Saint Raphael Parish reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,900
Business Information - Saint Raphael Parish in Pittsburgh, PA
1154 Chislett St
Pittsburgh, PA 15206
All Other Business Support Services
NAICS code 561499
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Pittsburgh
In the Pittsburgh area, 61 businesses in the "All Other Business Support Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 9) and received an average PPP loan of $88,396 (compared to this company's $45,900).
Similar Nearby Businesses Who Received PPP Funding:
Community Kitchen Pittsburgh
John Buzza DBA Crafton Service Center
Stanley Marcus Dental, PC
M & D Partners, LP
Homewood Energy Services Corporation
Fourth River Workers Guild LLC
Industry PPP Comparison Statistics
Nationwide, 53,190 businesses in the "All Other Business Support Services" industry received a total of $2.63B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 6 employees, 33% lower than Saint Raphael Parish's reported 9 employees, and received an average PPP loan of $49,465, 8% higher than this company's loan of $45,900.
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Footnotes & Information
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