PPP Loan Data — Sisters Of St Mary Of Oregon Maryville Corporation, Beaverton, OR
Sisters Of St Mary Of Oregon Maryville Corporation is a non-profit organization located at 14645 Sw Farmington Rd in Beaverton, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,091,900.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Washington Trust Bank
Sisters Of St Mary Of Oregon Maryville Corporation in Beaverton, OR received a Paycheck Protection Loan of $2.09M through Washington Trust Bank, 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, Sisters Of St Mary Of Oregon Maryville Corporation's 2019 payroll expenses are estimated to be at least $10.04M.
Based on their reported 230 jobs retained, this equals an estimated average yearly compensation of $43,657 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sisters Of St Mary Of Oregon Maryville Corporation reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,091,900
Business Information - Sisters Of St Mary Of Oregon Maryville Corporation in Beaverton, OR
14645 Sw Farmington Rd
Beaverton, OR 97007
NAICS code 813110
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Beaverton
In the Beaverton area, 27 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 230) and received an average PPP loan of $168,656 (compared to this company's $2.09M).
Similar Nearby Businesses Who Received PPP Funding:
Youngnak Presbyterian Church Of Portland
Spirit Of Grace
Tualatin Valley Community Church
Murray Hills Christian Church (Disciples Of Christ)
Evergreen Presbyterian Church
Portland Life Church
Mission Connexion Northwest
Westside Comm Church Of Washington County
Industry PPP Comparison Statistics
Nationwide, 123,083 businesses in the "Religious Organizations" industry received a total of $9.27B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 95% lower than Sisters Of St Mary Of Oregon Maryville Corporation's reported 230 employees, and received an average PPP loan of $75,298, 96% lower than this company's loan of $2.09M.
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Footnotes & Information
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