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PPP Loan Data — The Trustees Of Reservations, Boston, MA

SBA PPP loan data, payroll data, and salaries for The Trustees Of Reservations
MA Nonprofit Organization

The Trustees Of Reservations

Entity: Non-profit Organization

Industry: Environment, Conservation and Wildlife Organizations

Location: Boston, MA

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The Trustees Of Reservations is a non-profit organization located at 200 High Street in Boston, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $4,028,077.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.03M

Jobs Retained:

349

Loan Approved:

2020-04-12

Lender:

TD BANK, NATIONAL ASSOCIATION

The Trustees Of Reservations received a Paycheck Protection Loan of $4.03M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, The Trustees Of Reservations' total 2019 payroll expenses were approximately $19.33M in order to qualify for the PPP loan amount received.

Based on their reported 349 jobs retained, this equals an estimated average yearly compensation of $55,400 per employee1.

Because the loan received by The Trustees Of Reservations is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - The Trustees Of Reservations in Boston, MA

The Trustees Of Reservations
200 High Street
Boston, MA 2110

Business Industry

Environment, Conservation and Wildlife Organizations (NAICS code 813312)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MA-08

Similar Companies near Boston

In the Boston area, 4 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a PPP loan. These local businesses reported an average of 107 employees (compared to this company's 349) and received an average PPP loan of $1,454,789 (compared to this company's $4.03M).

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, 96% lower than The Trustees Of Reservations' reported 349 employees, and received an average PPP loan of $140,961, 97% lower than this company's loan of $4.03M.

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.

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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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Source: www.federalpay.org/paycheck-protection-program/the-trustees-of-reservations-boston-ma