PPP Loan Data — Sioux Falls Catholic School Corporation, Sioux Falls, SD
Sioux Falls Catholic School Corporation is a limited liability company (LLC) located at 3100 W 41st Street in Sioux Falls, South Dakota that received a Coronavirus-related PPP loan from the SBA of $3,108,150.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST PREMIER BANK
Sioux Falls Catholic School Corporation received a Paycheck Protection Loan of $3.11M through FIRST PREMIER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sioux Falls Catholic School Corporation's total 2019 payroll expenses were approximately $14.92M in order to qualify for the PPP loan amount received.
Based on their reported 297 jobs retained, this equals an estimated average yearly compensation of $50,233 per employee1.
Business Information - Sioux Falls Catholic School Corporation in Sioux Falls, SD
3100 W 41st Street
Sioux Falls, SD 57105
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: SD-
Similar Companies near Sioux Falls
In the Sioux Falls area, 3 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 100 employees (compared to this company's 297) and received an average PPP loan of $1,044,311 (compared to this company's $3.11M).
Similar Nearby Businesses Who Received PPP Funding:
Coast 2 Coast Baseball Academy, LLC
Sioux Falls, SD
Nerdy K9 Academy LLC
Sioux Falls, SD
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, 87% lower than Sioux Falls Catholic School Corporation's reported 297 employees, and received an average PPP loan of $379,166, 88% lower than this company's loan of $3.11M.
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Footnotes & Information
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