PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Wheaton College-Sba Small 7A Term, Norton, MA

SBA PPP loan data, payroll data, and salaries for Wheaton College-Sba Small 7A Term
MA Nonprofit Organization

Wheaton College-Sba Small 7A Term

Entity: Non-profit Organization

Industry: Colleges, Universities, and Professional Schools

Location: Norton, MA

Search All PPP Data

Wheaton College-Sba Small 7A Term is a non-profit organization located at 26 East Main Street in Norton, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $6,500,042.00 in May, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Wheaton College-Sba Small 7A Term in Norton, MA received a Paycheck Protection Loan of $6.5M through TD BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Wheaton College-Sba Small 7A Term's total 2019 payroll expenses were approximately $31.2M in order to qualify for the PPP loan amount received.

Based on their reported 465 jobs retained, this equals an estimated average yearly compensation of $67,097 per employee1.

Because the loan received by Wheaton College-Sba Small 7A Term is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Wheaton College-Sba Small 7A Term in Norton, MA

Wheaton College-Sba Small 7A Term
26 East Main Street
Norton, MA 02766

Business Industry

Colleges, Universities, and Professional Schools (NAICS code 611310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MA-04

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, 82% lower than Wheaton College-Sba Small 7A Term's reported 465 employees, and received an average PPP loan of $829,978, 87% lower than this company's loan of $6.5M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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.

Have's open data tools been valuable? Consider donating!

** This Document Provided By - The Civil Employee's Resource **