PPP Loan Data — Wheaton College-Sba Small 7A Term, Norton, MA
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
Lender:TD BANK, NATIONAL ASSOCIATION
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.
Business Information - Wheaton College-Sba Small 7A Term in Norton, MA
26 East Main Street
Norton, MA 02766
Colleges, Universities, and Professional Schools (NAICS code 611310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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.
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Footnotes & Information
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