PPP Loan Data — Scheck Hillel Community School, Miami, FL
Scheck Hillel Community School is a non-profit organization located at 19000 Ne 25th Ave in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $3,627,000.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Scheck Hillel Community School received a Paycheck Protection Loan of $3.63M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Scheck Hillel Community School's total 2019 payroll expenses were approximately $17.41M in order to qualify for the PPP loan amount received.
Based on their reported 263 jobs retained, this equals an estimated average yearly compensation of $66,196 per employee1.
Business Information - Scheck Hillel Community School in Miami, FL
19000 Ne 25th Ave
Miami, FL 33180
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-24
Similar Companies near Miami
In the Miami area, 6 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 263) and received an average PPP loan of $620,163 (compared to this company's $3.63M).
Similar Nearby Businesses Who Received PPP Funding:
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Lanaar Elementary School
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Warrior Basketball Academy LLC
Industry PPP Comparison Statistics
Nationwide, 15,362 businesses in the "Elementary and Secondary Schools" industry received a total of $5,824,752,723.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 86% lower than Scheck Hillel Community School's reported 263 employees, and received an average PPP loan of $379,166, 90% lower than this company's loan of $3.63M.
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Footnotes & Information
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