PPP Loan Data — Self Enhancement, Inc, Portland, OR
Self Enhancement, Inc is a non-profit organization located at 3920 N Kerby Ave in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $1,974,582.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Self Enhancement, Inc in Portland, OR received a Paycheck Protection Loan of $1.97M through WebBank, 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, Self Enhancement, Inc's 2019 payroll expenses are estimated to be at least $9.48M.
Based on their reported 348 jobs retained, this equals an estimated average yearly compensation of $27,236 per employee1
Reported PPP Proceed Usage:
On the PPP application, Self Enhancement, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,974,582
Business Information - Self Enhancement, Inc in Portland, OR
3920 N Kerby Ave
Portland, OR 97227
Elementary and Secondary Schools
NAICS code 611110
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 22,714 businesses in the "Elementary and Secondary Schools" industry received a total of $7.35B 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 38 employees, 89% lower than Self Enhancement, Inc's reported 348 employees, and received an average PPP loan of $323,643, 84% lower than this company's loan of $1.97M.
FederalPay's PPP Information Policy
Footnotes & Information
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