PPP Loan Data — St. Labre Indian School Educational Association, Ashland, MT
St. Labre Indian School Educational Association is a non-profit organization located at 1000 Tongue River Rd in Ashland, Montana that received a Coronavirus-related PPP loan from the SBA of $3,225,000.00 in April, 2020.
The company has reported itself as an American indian or alaska native male owned non-profit, and employed at least 335 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST COMMUNITY BANK
St. Labre Indian School Educational Association in Ashland, MT received a Paycheck Protection Loan of $3.23M through FIRST COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, St. Labre Indian School Educational Association's total 2019 payroll expenses were approximately $15.48M in order to qualify for the PPP loan amount received.
Based on their reported 335 jobs retained, this equals an estimated average yearly compensation of $46,209 per employee1.
Business Information - St. Labre Indian School Educational Association in Ashland, MT
1000 Tongue River Rd
Ashland, MT 59003
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: AMERICAN INDIAN OR ALASKA NATIVE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MT-
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, 89% lower than St. Labre Indian School Educational Association's reported 335 employees, and received an average PPP loan of $379,166, 88% lower than this company's loan of $3.23M.
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Footnotes & Information
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