PPP Loan Data — The Frances Xavier Warde Scholl, Chicago, IL
The Frances Xavier Warde Scholl is a non-profit organization located at 751 North State in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,532,500.00 in April, 2020.
$ PPP Loan Information
Lender:WINTRUST BANK, NATIONAL ASSOCIATION
The Frances Xavier Warde Scholl received a Paycheck Protection Loan of $2.53M through WINTRUST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Frances Xavier Warde Scholl's total 2019 payroll expenses were approximately $12.16M in order to qualify for the PPP loan amount received.
Based on their reported 259 jobs retained, this equals an estimated average yearly compensation of $46,934 per employee1.
Business Information - The Frances Xavier Warde Scholl in Chicago, IL
751 North State
Chicago, IL 60654
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-07
Similar Companies near Chicago
In the Chicago area, 5 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 136 employees (compared to this company's 259) and received an average PPP loan of $1,354,711 (compared to this company's $2.53M).
Similar Nearby Businesses Who Received PPP Funding:
Marist High School
St Cajetan Parish Catholic Bishop Of Chicago
Cambridge Classical Academy
Mother Mcauley Liberal Arts High School
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, 85% lower than The Frances Xavier Warde Scholl's reported 259 employees, and received an average PPP loan of $379,166, 85% lower than this company's loan of $2.53M.
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Footnotes & Information
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