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PPP Loan Data — Union Of Concerned Scientist,
Cambridge, MA
Union Of Concerned Scientist
Entity: Sole Proprietorship
Industry: Environment, Conservation and Wildlife Organizations
Location: Cambridge, MA
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Union Of Concerned Scientist is a sole proprietorship located at 2 Brattle Sq in Cambridge, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $4,380,847.00 in August, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
231Loan Approved:
2020-08-04Lender:
EASTERN BANKUnion Of Concerned Scientist received a Paycheck Protection Loan of $4.38M through EASTERN BANK, which was approved in August, 2020.
Based on standard PPP eligibility rules, Union Of Concerned Scientist's total 2019 payroll expenses were approximately $21.03M in order to qualify for the PPP loan amount received.
Based on their reported 231 jobs retained, this equals an estimated average yearly compensation of $91,031 per employee1.
Business Information - Union Of Concerned Scientist in Cambridge, MA
2 Brattle Sq
Cambridge, MA 2138
Business Industry
Environment, Conservation and Wildlife Organizations (NAICS code 813312)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MA-05Similar Companies near Cambridge
In the Cambridge area, 3 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a PPP loan. These local businesses reported an average of 78 employees (compared to this company's 231) and received an average PPP loan of $1,511,545 (compared to this company's $4.38M).
Similar Nearby Businesses Who Received PPP Funding:
Better Future Project, Inc.
Cambridge, MA
Climable Inc
Cambridge, MA
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, 94% lower than Union Of Concerned Scientist's reported 231 employees, and received an average PPP loan of $140,961, 97% lower than this company's loan of $4.38M.
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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