PPP Loan Data — The Learning Tree, Inc., Mobile, AL
The Learning Tree, Inc.
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The Learning Tree, Inc. is a corporation located at 5451 Able Ct in Mobile, Alabama that received a Coronavirus-related PPP loan from the SBA of $3,127,100.00 in April, 2020.
$ PPP Loan Information
The Learning Tree, Inc. received a Paycheck Protection Loan of $3.13M through SERVISFIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Learning Tree, Inc.'s total 2019 payroll expenses were approximately $15.01M in order to qualify for the PPP loan amount received.
Based on their reported 499 jobs retained, this equals an estimated average yearly compensation of $30,080 per employee1.
Business Information - The Learning Tree, Inc. in Mobile, AL
5451 Able Ct
Mobile, AL 36693
Residential Intellectual and Developmental Disability Facilities (NAICS code 623210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-01
Industry PPP Comparison Statistics
Nationwide, 1,775 businesses in the "Residential Intellectual and Developmental Disability Facilities" industry received a total of $836,841,517.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 61 employees, 88% lower than The Learning Tree, Inc.'s reported 499 employees, and received an average PPP loan of $471,460, 85% lower than this company's loan of $3.13M.
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Footnotes & Information
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