PPP Loan Data — Unitarian Universalist Church Of Washington County, Hillsboro, OR
Unitarian Universalist Church Of Washington County is a non-profit organization located at 6815 Northeast Birch Street in Hillsboro, Oregon that received a Coronavirus-related PPP loan from the SBA of $25,440.00 in August, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Cross River Bank
Unitarian Universalist Church Of Washington County in Hillsboro, OR received a Paycheck Protection Loan of $25,440 through Cross River Bank, which was approved in August, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Unitarian Universalist Church Of Washington County's 2019 payroll expenses are estimated to be at least $122,112.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,422 per employee1
Reported PPP Proceed Usage:
On the PPP application, Unitarian Universalist Church Of Washington County reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,440
Business Information - Unitarian Universalist Church Of Washington County in Hillsboro, OR
6815 Northeast Birch Street
Hillsboro, OR 97124
All Other Personal Services
NAICS code 812990
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Hillsboro
In the Hillsboro area, 34 businesses in the "All Other Personal Services" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 5) and received an average PPP loan of $49,599 (compared to this company's $25,440).
Similar Nearby Businesses Who Received PPP Funding:
Melody Nails And Spa Vn LLC
Birthing Stone Doula & Childbirth Services
JKA Ventures, Inc
Elys Rainbow Daycare LLC
Direct Labor Inc
Industry PPP Comparison Statistics
Nationwide, 237,729 businesses in the "All Other Personal Services" industry received a total of $5.63B 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 3 employees, 40% lower than Unitarian Universalist Church Of Washington County's reported 5 employees, and received an average PPP loan of $23,676, 7% lower than this company's loan of $25,440.
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Footnotes & Information
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