PPP Loan Data — St Peters Episcopal Church Of Brentwood, Pittsburgh, PA
St Peters Episcopal Church Of Brentwood is a non-profit organization located at 4048 Brownsville Road in Pittsburgh, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $25,100.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Citizens Bank, National Association
St Peters Episcopal Church Of Brentwood in Pittsburgh, PA received a Paycheck Protection Loan of $25,100 through Citizens Bank, National Association, 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 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 Peters Episcopal Church Of Brentwood's 2019 payroll expenses are estimated to be at least $120,480.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $17,211 per employee1
Reported PPP Proceed Usage:
On the PPP application, St Peters Episcopal Church Of Brentwood reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,100
Business Information - St Peters Episcopal Church Of Brentwood in Pittsburgh, PA
4048 Brownsville Road
Pittsburgh, PA 15227
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 Pittsburgh
In the Pittsburgh area, 15 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 7) and received an average PPP loan of $48,784 (compared to this company's $25,100).
Similar Nearby Businesses Who Received PPP Funding:
Sunset Hills United Presbyterian Church
MT Lebanon United Lutheran Church
The Unitarian-Universalist Church Of The South Hills
Mt. Lebanon, PA
Whitehall Presbyterian Church
St Pauls Episcopal Church
Pittsburgh Baptist Church
Marjorie Rivera Kain
Iglesia Cristiana Sion, Inc
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, 71% higher than St Peters Episcopal Church Of Brentwood's reported 7 employees, and received an average PPP loan of $75,298, 200% higher than this company's loan of $25,100.
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Footnotes & Information
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