PPP Loan Data — ST. Francis Catholic High School Of The Diocese Of Sacrament, Sacramento, CA
ST. Francis Catholic High School Of The Diocese Of Sacrament is a non-profit organization located at 5900 Elvas Ave in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $2,135,100.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Notre Dame FCU
ST. Francis Catholic High School Of The Diocese Of Sacrament in Sacramento, CA received a Paycheck Protection Loan of $2.14M through Notre Dame FCU, 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 June, 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. Francis Catholic High School Of The Diocese Of Sacrament's 2019 payroll expenses are estimated to be at least $10.25M.
Based on their reported 128 jobs retained, this equals an estimated average yearly compensation of $80,066 per employee1
Reported PPP Proceed Usage:
On the PPP application, ST. Francis Catholic High School Of The Diocese Of Sacrament reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,135,100
Business Information - ST. Francis Catholic High School Of The Diocese Of Sacrament in Sacramento, CA
5900 Elvas Ave
Sacramento, CA 95819
NAICS code 813110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sacramento
In the Sacramento area, 19 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 128) and received an average PPP loan of $381,615 (compared to this company's $2.14M).
Similar Nearby Businesses Who Received PPP Funding:
Pastor Of St Mary Parish Sacramento
Congregation B'nai Israel Of Sacramento
EPC Presbytery Of The Pacific Southwest
Roman Catholic Bishop Of Sacramento
Jewish Federation Of The Sacramento Region
St John Baptist Church
St Mary Parish Sacramento
Pastor Of Holy Spirit Parish, Sacramento, A Corporation Sole
Pastor Of Holy Spirit Parish Sacramento
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, 91% lower than ST. Francis Catholic High School Of The Diocese Of Sacrament's reported 128 employees, and received an average PPP loan of $75,298, 96% lower than this company's loan of $2.14M.
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Footnotes & Information
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