PPP Loan Data — The Michigan Humane Society, Franklin, MI
The Michigan Humane Society
Entity: Non-profit Organization
Location: Franklin, MITweet This • Search All PPP Data
The Michigan Humane Society is a non-profit organization located at 30300 Telegraph Road in Franklin, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,548,400.00 in April, 2020.
The company has reported itself as a White male owned non-profit, and employed at least 250 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE HUNTINGTON NATIONAL BANK
The Michigan Humane Society in Franklin, MI received a Paycheck Protection Loan of $2.55M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Michigan Humane Society's total 2019 payroll expenses were approximately $12.23M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $48,929 per employee1.
Business Information - The Michigan Humane Society in Franklin, MI
30300 Telegraph Road
Franklin, MI 48025
Environment, Conservation and Wildlife Organizations (NAICS code 813312)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MI-09
Industry PPP Comparison Statistics
Nationwide, 2,247 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a total of $316,738,987.00 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 13 employees, 95% lower than The Michigan Humane Society's reported 250 employees, and received an average PPP loan of $140,961, 94% lower than this company's loan of $2.55M.
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