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PPP Loan Data — The San Francisco Conservatory Of Music,
San Francisco, CA
The San Francisco Conservatory Of Music
Entity: Non-profit Organization
Industry: Colleges, Universities, and Professional Schools
Location: San Francisco, CA
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The San Francisco Conservatory Of Music is a non-profit organization located at 50 Oak St in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $2,638,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
401Loan Approved:
2020-04-14Lender:
FIRST REPUBLIC BANKThe San Francisco Conservatory Of Music received a Paycheck Protection Loan of $2.64M through FIRST REPUBLIC BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The San Francisco Conservatory Of Music's total 2019 payroll expenses were approximately $12.67M in order to qualify for the PPP loan amount received.
Based on their reported 401 jobs retained, this equals an estimated average yearly compensation of $31,587 per employee1.
Business Information - The San Francisco Conservatory Of Music in San Francisco, CA
50 Oak St
San Francisco, CA 94102
Business Industry
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-12Similar Companies near San Francisco
In the San Francisco area, 3 businesses in the "Colleges, Universities, and Professional Schools" industry received a PPP loan. These local businesses reported an average of 302 employees (compared to this company's 401) and received an average PPP loan of $2,516,900 (compared to this company's $2.64M).
Similar Nearby Businesses Who Received PPP Funding:
Minerva Institute For Research And Scholarship
San Francisco, CA
California Institute Of Integral Studies
San Francisco, CA
Industry PPP Comparison Statistics
Nationwide, 2,077 businesses in the "Colleges, Universities, and Professional Schools" industry received a total of $1,723,864,433.00 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 86 employees, 79% lower than The San Francisco Conservatory Of Music's reported 401 employees, and received an average PPP loan of $829,978, 69% lower than this company's loan of $2.64M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
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.
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