PPP Loan Data — Women Helping Women Fund, Spokane, WA
Women Helping Women Fund is a non-profit organization located at 3704 N Nevada St Ste 201 in Spokane, Washington that received a Coronavirus-related PPP loan from the SBA of $25,202.00 in January, 2021.
The company has reported itself as a female owned non-profit, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Women Helping Women Fund in Spokane, WA received a Paycheck Protection Loan of $25,202 through Numerica CU, which was approved 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, Women Helping Women Fund's 2019 payroll expenses are estimated to be at least $120,970.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,485 per employee1
Reported PPP Proceed Usage:
On the PPP application, Women Helping Women Fund reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,201
Business Information - Women Helping Women Fund in Spokane, WA
3704 N Nevada St Ste 201
Spokane, WA 99207
Other Grantmaking and Giving Services
NAICS code 813219
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Spokane
In the Spokane area, 2 businesses in the "Other Grantmaking and Giving Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 2) and received an average PPP loan of $46,751 (compared to this company's $25,202).
Similar Nearby Businesses Who Received PPP Funding:
Spokane Valley Partners
Spokane Valley, WA
Industry PPP Comparison Statistics
Nationwide, 9,799 businesses in the "Other Grantmaking and Giving Services" industry received a total of $1.32B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 15 employees, 650% higher than Women Helping Women Fund's reported 2 employees, and received an average PPP loan of $134,570, 434% higher than this company's loan of $25,202.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!