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PPP Loan Data — The Wyoming Seminary Of The Susquehanna Annual Conference Of,
Kingston, PA
The Wyoming Seminary Of The Susquehanna Annual Conference Of
Entity: Non-profit Organization
Industry: Elementary and Secondary Schools
Location: Kingston, PA
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The Wyoming Seminary Of The Susquehanna Annual Conference Of is a non-profit organization located at 201 North Sprague Ave in Kingston, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,535,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
237Loan Approved:
2020-04-15Lender:
PEOPLES SECURITY BANK AND TRUST COMPANYThe Wyoming Seminary Of The Susquehanna Annual Conference Of received a Paycheck Protection Loan of $2.54M through PEOPLES SECURITY BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Wyoming Seminary Of The Susquehanna Annual Conference Of's total 2019 payroll expenses were approximately $12.17M in order to qualify for the PPP loan amount received.
Based on their reported 237 jobs retained, this equals an estimated average yearly compensation of $51,358 per employee1.
Business Information - The Wyoming Seminary Of The Susquehanna Annual Conference Of in Kingston, PA
201 North Sprague Ave
Kingston, PA 18704
Business Industry
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-08Similar Companies near Kingston
In the Kingston area, 6 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 66 employees (compared to this company's 237) and received an average PPP loan of $612,629 (compared to this company's $2.54M).
Similar Nearby Businesses Who Received PPP Funding:
The Graham Academy, LLC
Kingston, PA
Wyoming Valley Montessori Assoc Inc.
Kingston, PA
Jenny Lynn Elementary LLC
Kingston, PA
Susquehanna Prep School/Appletree Nursery And Primary School
Forty Fort, PA
Good Shepherd Academy Of Diocese Of Scranton Catholic School
Kingston, PA
Industry PPP Comparison Statistics
Nationwide, 15,362 businesses in the "Elementary and Secondary Schools" industry received a total of $5,824,752,723.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 84% lower than The Wyoming Seminary Of The Susquehanna Annual Conference Of's reported 237 employees, and received an average PPP loan of $379,166, 85% lower than this company's loan of $2.54M.
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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