PPP Loan Data — University Management, Inc, Columbus, MS
University Management, Inc is a corporation located at P O Box 1368 in Columbus, Mississippi that received a Coronavirus-related PPP loan from the SBA of $2,659,000.00 in April, 2020.
$ PPP Loan Information
University Management, Inc in Columbus, MS received a Paycheck Protection Loan of $2.66M through RENASANT BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, University Management, Inc's total 2019 payroll expenses were approximately $12.76M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $25,526 per employee1.
Business Information - University Management, Inc in Columbus, MS
P O Box 1368
Columbus, MS 39703
Full-Service Restaurants (NAICS code 722511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MS-01
Similar Companies near Columbus
In the Columbus area, 7 businesses in the "Full-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 84 employees (compared to this company's 500) and received an average PPP loan of $432,863 (compared to this company's $2.66M).
Similar Nearby Businesses Who Received PPP Funding:
Rubs Pub LLC
Huckaby Bros Management, LLC
Troy Parnell's Little Dooey Of Columbus, Inc
Rodger D James, LLC
Breakin Bread Cafe
Industry PPP Comparison Statistics
Nationwide, 175,054 businesses in the "Full-Service Restaurants" industry received a total of $20,426,260,320.00 in PPP loans. These businesses account for 3% of total PPP applications submitted, and received 4% of the total PPP funding allocated.
PPP recipients in this industry report an average of 20 employees, 96% lower than University Management, Inc's reported 500 employees, and received an average PPP loan of $116,685, 96% lower than this company's loan of $2.66M.
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