PPP Loan Data — Schurz Communications Inc, Mishawaka, IN
Schurz Communications Inc is a corporation located at 1301 E Douglas Rd, Suite 200 in Mishawaka, Indiana that received a Coronavirus-related PPP loan from the SBA of $8,471,250.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Schurz Communications Inc in Mishawaka, IN received a Paycheck Protection Loan of $8.47M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Schurz Communications Inc's total 2019 payroll expenses were approximately $40.66M in order to qualify for the PPP loan amount received.
Based on their reported 415 jobs retained, this equals an estimated average yearly compensation of $97,981 per employee1.
Business Information - Schurz Communications Inc in Mishawaka, IN
1301 E Douglas Rd, Suite 200
Mishawaka, IN 46545
Cable and Other Subscription Programming (NAICS code 515210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-02
Industry PPP Comparison Statistics
Nationwide, 558 businesses in the "Cable and Other Subscription Programming" industry received a total of $116,725,177.00 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 15 employees, 96% lower than Schurz Communications Inc's reported 415 employees, and received an average PPP loan of $209,185, 98% lower than this company's loan of $8.47M.
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Footnotes & Information
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