FederalPay.org
PPP Loan Data — The Berkeley Carroll School,
Brooklyn, NY
The Berkeley Carroll School
Entity: Non-profit Organization
Industry: Elementary and Secondary Schools
Location: Brooklyn, NY
Tweet This
•
Search All PPP Data
The Berkeley Carroll School is a non-profit organization located at 152 Sterling Place in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $5,194,453.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-15Lender:
CITIZENS BANK, NATIONAL ASSOCIATIONThe Berkeley Carroll School in Brooklyn, NY received a Paycheck Protection Loan of $5.19M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Berkeley Carroll School's total 2019 payroll expenses were approximately $24.93M in order to qualify for the PPP loan amount received.
Unlike most businesses, The Berkeley Carroll School's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - The Berkeley Carroll School in Brooklyn, NY
152 Sterling Place
Brooklyn, NY 11217
Business Industry
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-08Similar Companies near Brooklyn
In the Brooklyn area, 33 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 0) and received an average PPP loan of $470,118 (compared to this company's $5.19M).
Similar Nearby Businesses Who Received PPP Funding:
Bumblebees-R-Us Inc.
Brooklyn, NY
Muse Academy At The Brooklyn Music School
Brooklyn, NY
Bright Bees Day Care Inc.
Brooklyn, NY
Congregation Ymh
Brooklyn, NY
Bais Tziporah Inc.
Brooklyn, NY
Bais Yaakov Of Bensonhurst, Inc
Brooklyn, NY
Mevakshai Torah
Brooklyn, NY
Talmud Torah Ohel Yochanan
Brooklyn, NY
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, and received an average PPP loan of $379,166, 93% lower than this company's loan of $5.19M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
Have FederalPay.org's open data tools been valuable? Consider donating!