PPP Loan Data — Seiu Healthcare Northwest Training Partnership, Seattle, WA
Seiu Healthcare Northwest Training Partnership is a non-profit organization located at 215 Columbia St in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $3,253,800.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:LIVE OAK BANKING COMPANY
Seiu Healthcare Northwest Training Partnership in Seattle, WA received a Paycheck Protection Loan of $3.25M through LIVE OAK BANKING COMPANY, which was approved in May, 2020.
Based on standard PPP eligibility rules, Seiu Healthcare Northwest Training Partnership's total 2019 payroll expenses were approximately $15.62M in order to qualify for the PPP loan amount received.
Unlike most businesses, Seiu Healthcare Northwest Training Partnership's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Seiu Healthcare Northwest Training Partnership in Seattle, WA
215 Columbia St
Seattle, WA 98104
Other Grantmaking and Giving Services (NAICS code 813219)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-07
Similar Companies near Seattle
In the Seattle area, 10 businesses in the "Other Grantmaking and Giving Services" industry received a PPP loan. These local businesses reported an average of 19 employees (compared to this company's 0) and received an average PPP loan of $563,085 (compared to this company's $3.25M).
Similar Nearby Businesses Who Received PPP Funding:
United Way Of King County
Seattle Good Business Network
Teens In Public Service
Salaam Cultural Museum
Community Credit Lab
National Alliance Of Child Abuse Prevention Funds
Social Venture Partners
Industry PPP Comparison Statistics
Nationwide, 6,269 businesses in the "Other Grantmaking and Giving Services" industry received a total of $998,645,047.00 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 16 employees, and received an average PPP loan of $159,299, 95% lower than this company's loan of $3.25M.
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, 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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