PPP Loan Data — ST. Anne Parish, Coleman, WI
ST. Anne Parish is a non-profit organization located at 228 E Main St in Coleman, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $25,437.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:The Peshtigo National Bank
ST. Anne Parish in Coleman, WI received a Paycheck Protection Loan of $25,437 through The Peshtigo National Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in February, 2021.
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, ST. Anne Parish's 2019 payroll expenses are estimated to be at least $122,098.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,699 per employee1
Reported PPP Proceed Usage:
On the PPP application, ST. Anne Parish reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,350
- Utilities: $2,544
- Rent: $2,544
Business Information - ST. Anne Parish in Coleman, WI
228 E Main St
Coleman, WI 54112
NAICS code 813110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Coleman
In the Coleman area, 7 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 3) and received an average PPP loan of $34,339 (compared to this company's $25,437).
Similar Nearby Businesses Who Received PPP Funding:
Christ The King Lutheran Church
Combined Locks, WI
Trinity Evangelical Lutheran Church
St Martin Catholic Congregation
Saint Paul's Congregation Of The Village Of Combined Locks
Combined Locks, WI
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, 300% higher than ST. Anne Parish's reported 3 employees, and received an average PPP loan of $75,298, 196% higher than this company's loan of $25,437.
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Footnotes & Information
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