PPP Loan Data — St Monica Parish Sunbury Charitable Trust, Sunbury, PA
St Monica Parish Sunbury Charitable Trust is a non-profit organization located at 109 Market St in Sunbury, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in May, 2020.
The company has reported itself as a White male owned non-profit, and employed at least three people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First National Bank of Pennsylvania
St Monica Parish Sunbury Charitable Trust in Sunbury, PA received a Paycheck Protection Loan of $25,200 through First National Bank of Pennsylvania, which was approved in May, 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 May, 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 Monica Parish Sunbury Charitable Trust's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,320 per employee1
Reported PPP Proceed Usage:
On the PPP application, St Monica Parish Sunbury Charitable Trust reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - St Monica Parish Sunbury Charitable Trust in Sunbury, PA
109 Market St
Sunbury, PA 17801
NAICS code 813110
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Rural
Similar Companies near Sunbury
In the Sunbury area, 11 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $21,908 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Zion's Evangelical Lutheran Church
United Lutheran Church Of Sunbury
Sunbury City Church
Mountain Presbyterian Church
Catawissa Ave. Methodist Episcopal Church Of Sunbury
The United Lutheran Church Of Sunbury RD
Miller's Crossroads United Methodist Church
Higher Hope International Ministries
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 Monica Parish Sunbury Charitable Trust's reported 3 employees, and received an average PPP loan of $75,298, 199% higher than this company's loan of $25,200.
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Footnotes & Information
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