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PPP Loan Data — Union For Reform Judaism,
New York, NY
Union For Reform Judaism
Entity: Non-profit Organization
Industry: Religious Organizations
Location: New York, NY
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Union For Reform Judaism is a non-profit organization located at 633 Third Avenue in New York, New York that received a Coronavirus-related PPP loan from the SBA of $7,449,877.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
377Loan Approved:
2020-04-15Lender:
SIGNATURE BANKUnion For Reform Judaism in New York, NY received a Paycheck Protection Loan of $7.45M through SIGNATURE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Union For Reform Judaism's total 2019 payroll expenses were approximately $35.76M in order to qualify for the PPP loan amount received.
Based on their reported 377 jobs retained, this equals an estimated average yearly compensation of $94,853 per employee1.
Business Information - Union For Reform Judaism in New York, NY
633 Third Avenue
New York, NY 10017
Business Industry
Religious Organizations (NAICS code 813110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-12Similar Companies near New York
In the New York area, 34 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 377) and received an average PPP loan of $453,562 (compared to this company's $7.45M).
Similar Nearby Businesses Who Received PPP Funding:
The Central Conference Of American Rabbis
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New York, NY
Congregation Talmud Torah
New York, NY
Roman Catholic Church Of Our Saviour
New York, NY
Church Of The Holy Family
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Swedish Seamen's Church, Inc.
New York, NY
Saint Illuminators Armenian Apostolic Church In New York Cit
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Discovery Shul
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Industry PPP Comparison Statistics
Nationwide, 90,482 businesses in the "Religious Organizations" industry received a total of $7,309,297,472.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 97% lower than Union For Reform Judaism's reported 377 employees, and received an average PPP loan of $80,782, 99% lower than this company's loan of $7.45M.
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, 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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