PPP Loan Data — Tiegerman School, Glen Cove, NY
Tiegerman School is a non-profit organization located at 100 Glen Cove Ave in Glen Cove, New York that received a Coronavirus-related PPP loan from the SBA of $4,416,600.00 in April, 2020.
$ PPP Loan Information
Lender:NEW YORK COMMUNITY BANK
Tiegerman School received a Paycheck Protection Loan of $4.42M through NEW YORK COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Tiegerman School's total 2019 payroll expenses were approximately $21.2M in order to qualify for the PPP loan amount received.
Based on their reported 400 jobs retained, this equals an estimated average yearly compensation of $52,999 per employee1.
Business Information - Tiegerman School in Glen Cove, NY
100 Glen Cove Ave
Glen Cove, NY 11542
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-03
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, 91% lower than Tiegerman School's reported 400 employees, and received an average PPP loan of $379,166, 91% lower than this company's loan of $4.42M.
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Footnotes & Information
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