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PPP Loan Data — The Student Conservation Association Inc,
Arlington, VA
The Student Conservation Association Inc
Entity: Non-profit Organization
Industry: Environment, Conservation and Wildlife Organizations
Location: Arlington, VA
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The Student Conservation Association Inc is a non-profit organization located at 4601 Fairfax Dr Ste 900 in Arlington, Virginia that received a Coronavirus-related PPP loan from the SBA of $1,917,900.00 in February, 2021.
$
PPP Loan Information
Loan #3878418400
Loan Size:
Jobs Retained:
149Loan Approved:
2021-02-05Loan Status:
Ongoing LoanLender:
Claremont Savings BankThe Student Conservation Association Inc in Arlington, VA received a Paycheck Protection Loan of $1.92M through Claremont Savings Bank, which was approved in February, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, The Student Conservation Association Inc's 2019 payroll expenses are estimated to be at least $9.21M.
Based on their reported 149 jobs retained, this equals an estimated average yearly compensation of $61,785 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Student Conservation Association Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,917,898
- Utilities: $1
Business Information - The Student Conservation Association Inc in Arlington, VA
4601 Fairfax Dr Ste 900
Arlington, VA 22203
Business Industry:
Environment, Conservation and Wildlife Organizations
NAICS code 813312
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Arlington
In the Arlington area, 3 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a PPP loan. These local businesses reported an average of 168 employees (compared to this company's 149) and received an average PPP loan of $1,561,974 (compared to this company's $1.92M).
Similar Nearby Businesses Who Received PPP Funding:
International League Of Conservation Photographers
Arlington, VA
Industry PPP Comparison Statistics
Nationwide, 3,905 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a total of $506.26M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 14 employees, 91% lower than The Student Conservation Association Inc's reported 149 employees, and received an average PPP loan of $129,644, 93% lower than this company's loan of $1.92M.
The Student Conservation Association, Inc
Entity: Non-profit Organization
Industry: Environment, Conservation and Wildlife Organizations
Location: Arlington, VA
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•
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The Student Conservation Association, Inc is a non-profit organization located at 4601 Fairfax Dr Ste 900 in Arlington, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,747,100.00 in April, 2020.
$
PPP Loan Information
Loan #9068947100
Loan Size:
Jobs Retained:
351Loan Approved:
2020-04-15Loan Status:
Paid in Full or ForgivenLender:
Claremont Savings BankThe Student Conservation Association, Inc in Arlington, VA received a Paycheck Protection Loan of $2.75M through Claremont Savings Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in August, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, The Student Conservation Association, Inc's 2019 payroll expenses are estimated to be at least $13.19M.
Based on their reported 351 jobs retained, this equals an estimated average yearly compensation of $37,567 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Student Conservation Association, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,547,100
- Utilities: $100,000
- Rent: $100,000
Business Information - The Student Conservation Association, Inc in Arlington, VA
4601 Fairfax Dr Ste 900
Arlington, VA 22203
Business Industry:
Environment, Conservation and Wildlife Organizations
NAICS code 813312
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Arlington
In the Arlington area, 3 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a PPP loan. These local businesses reported an average of 168 employees (compared to this company's 351) and received an average PPP loan of $1,561,974 (compared to this company's $2.75M).
Similar Nearby Businesses Who Received PPP Funding:
International League Of Conservation Photographers
Arlington, VA
Industry PPP Comparison Statistics
Nationwide, 3,905 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a total of $506.26M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 14 employees, 96% lower than The Student Conservation Association, Inc's reported 351 employees, and received an average PPP loan of $129,644, 95% lower than this company's loan of $2.75M.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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