PPP Loan Data — United In Christ Church Of Goldsboro, Inc, Goldsboro, NC
United In Christ Church Of Goldsboro, Inc is a non-profit organization located at 1314 Patetown Rd in Goldsboro, North Carolina that received a Coronavirus-related PPP loan from the SBA of $25,500.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Southern Bank and Trust Company
United In Christ Church Of Goldsboro, Inc in Goldsboro, NC received a Paycheck Protection Loan of $25,500 through Southern Bank and Trust Company, which was approved in April, 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, United In Christ Church Of Goldsboro, Inc's 2019 payroll expenses are estimated to be at least $122,400.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $17,486 per employee1
Reported PPP Proceed Usage:
On the PPP application, United In Christ Church Of Goldsboro, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,500
Business Information - United In Christ Church Of Goldsboro, Inc in Goldsboro, NC
1314 Patetown Rd
Goldsboro, NC 27530
NAICS code 813110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Goldsboro
In the Goldsboro area, 19 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 7) and received an average PPP loan of $54,583 (compared to this company's $25,500).
Similar Nearby Businesses Who Received PPP Funding:
First Presbyterian Church Of Goldsboro Inc
Saint Luke United Methodist Church
Faith Free Will Baptist Church Of Goldsboro North Carolina,
Injoy Thrift Goldsboro Inc
El Bethel Assembly Inc
Good Shepherd Lutheran Church
Perfecting Gods Word Healing Ministries
Antioch Missionary Baptist Church Of Goldsboro, Inc
Pine Forest United Methodist Church
Industry PPP Comparison Statistics
Nationwide, 123,083 businesses in the "Religious Organizations" industry received a total of $9.27B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 71% higher than United In Christ Church Of Goldsboro, Inc's reported 7 employees, and received an average PPP loan of $75,298, 195% higher than this company's loan of $25,500.
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