PPP Loan Data — University Of Mobile, Eight Mile, AL
University Of Mobile is a non-profit organization located at 5735 College Pkwy in Eight Mile, Alabama that received a Coronavirus-related PPP loan from the SBA of $2,463,400.00 in April, 2020.
The company has reported itself as a male owned non-profit, and employed at least 250 people during the applicable loan loan period.
$ PPP Loan Information
Lender:COMMUNITY BANK OF MISSISSIPPI
University Of Mobile in Eight Mile, AL received a Paycheck Protection Loan of $2.46M through COMMUNITY BANK OF MISSISSIPPI, which was approved in April, 2020.
Based on standard PPP eligibility rules, University Of Mobile's total 2019 payroll expenses were approximately $11.82M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $47,297 per employee1.
Business Information - University Of Mobile in Eight Mile, AL
5735 College Pkwy
Eight Mile, AL 36613
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: AL-01
Industry PPP Comparison Statistics
Nationwide, 2,077 businesses in the "Colleges, Universities, and Professional Schools" industry received a total of $1,723,864,433.00 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 86 employees, 66% lower than University Of Mobile's reported 250 employees, and received an average PPP loan of $829,978, 66% lower than this company's loan of $2.46M.
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Footnotes & Information
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