PPP Loan Data — The Opportunity Alliance, South Portland, ME
The Opportunity Alliance is a non-profit organization located at 50 Lydia Lane in South Portland, Maine that received a Coronavirus-related PPP loan from the SBA of $4,119,600.00 in April, 2020.
$ PPP Loan Information
Lender:MACHIAS SAVINGS BANK
The Opportunity Alliance in South Portland, ME received a Paycheck Protection Loan of $4.12M through MACHIAS SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Opportunity Alliance's total 2019 payroll expenses were approximately $19.77M 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 $79,096 per employee1.
Business Information - The Opportunity Alliance in South Portland, ME
50 Lydia Lane
South Portland, ME 04106
Other Social Advocacy Organizations (NAICS code 813319)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: ME-01
Industry PPP Comparison Statistics
Nationwide, 5,930 businesses in the "Other Social Advocacy Organizations" industry received a total of $1,048,421,927.00 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 17 employees, 93% lower than The Opportunity Alliance's reported 250 employees, and received an average PPP loan of $176,800, 96% lower than this company's loan of $4.12M.
FederalPay's PPP Information Policy
Footnotes & Information
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