PPP Loan Data — Southwestern Assemblies Of God University, Waxahachie, TX
Southwestern Assemblies Of God University is a corporation located at 1200 Sycamore St in Waxahachie, Texas that received a Coronavirus-related PPP loan from the SBA of $3,060,000.00 in April, 2020.
$ PPP Loan Information
Lender:CITIZENS NATIONAL BANK OF TEXAS
Southwestern Assemblies Of God University received a Paycheck Protection Loan of $3.06M through CITIZENS NATIONAL BANK OF TEXAS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Southwestern Assemblies Of God University's total 2019 payroll expenses were approximately $14.69M in order to qualify for the PPP loan amount received.
Based on their reported 480 jobs retained, this equals an estimated average yearly compensation of $30,600 per employee1.
Business Information - Southwestern Assemblies Of God University in Waxahachie, TX
1200 Sycamore St
Waxahachie, TX 75165
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-06
Industry PPP Comparison Statistics
Nationwide, 2,077 businesses in the "Colleges, Universities, and Professional Schools" industry received a total of $1,723,864,433.00 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 86 employees, 82% lower than Southwestern Assemblies Of God University's reported 480 employees, and received an average PPP loan of $829,978, 73% lower than this company's loan of $3.06M.
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Footnotes & Information
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