PPP Loan Data — Trustees Of Thayer Academy, Braintree, MA
Trustees Of Thayer Academy is a trust located at 745 Washington St in Braintree, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $3,410,350.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Trustees Of Thayer Academy received a Paycheck Protection Loan of $3.41M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Trustees Of Thayer Academy's total 2019 payroll expenses were approximately $16.37M in order to qualify for the PPP loan amount received.
Based on their reported 240 jobs retained, this equals an estimated average yearly compensation of $68,207 per employee1.
Business Information - Trustees Of Thayer Academy in Braintree, MA
745 Washington St
Braintree, MA 2184
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-08
Similar Companies near Braintree
In the Braintree area, 4 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 83 employees (compared to this company's 240) and received an average PPP loan of $1,182,189 (compared to this company's $3.41M).
Similar Nearby Businesses Who Received PPP Funding:
Archbishop Williams High School, Inc.
Meeting House Montessori School Inc
Step Ahead Kindergarten & Preschool Inc.
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 Trustees Of Thayer Academy's reported 240 employees, and received an average PPP loan of $379,166, 89% lower than this company's loan of $3.41M.
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Footnotes & Information
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