PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — The Hun School Of Princeton, Princeton, NJ

SBA PPP loan data, payroll data, and salaries for The Hun School Of Princeton
NJ Nonprofit Organization

The Hun School Of Princeton

Entity: Non-profit Organization

Industry: Elementary and Secondary Schools

Location: Princeton, NJ

Search All PPP Data

The Hun School Of Princeton is a non-profit organization located at 176 Edgerstoune Road in Princeton, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,413,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.41M

Jobs Retained:

219

Loan Approved:

2020-04-13

Lender:

CONNECTONE BANK

The Hun School Of Princeton in Princeton, NJ received a Paycheck Protection Loan of $3.41M through CONNECTONE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, The Hun School Of Princeton's total 2019 payroll expenses were approximately $16.39M in order to qualify for the PPP loan amount received.

Based on their reported 219 jobs retained, this equals an estimated average yearly compensation of $74,821 per employee1.

Because the loan received by The Hun School Of Princeton is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - The Hun School Of Princeton in Princeton, NJ

The Hun School Of Princeton
176 Edgerstoune Road
Princeton, NJ 8540

Business Industry

Elementary and Secondary Schools (NAICS code 611110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NJ-12

Similar Companies near Princeton

In the Princeton area, 15 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 219) and received an average PPP loan of $707,378 (compared to this company's $3.41M).

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, 83% lower than The Hun School Of Princeton's reported 219 employees, and received an average PPP loan of $379,166, 89% lower than this company's loan of $3.41M.

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.

Search FederalPay's Full PPP Loan Database

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!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/the-hun-school-of-princeton-princeton-nj