PPP Loan Data — Yeshiva Ktana Of Passaic, Passaic, NJ
Yeshiva Ktana Of Passaic is a non-profit organization located at 1 Main Ave in Passaic, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,605,555.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Yeshiva Ktana Of Passaic in Passaic, NJ received a Paycheck Protection Loan of $2.61M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Yeshiva Ktana Of Passaic's total 2019 payroll expenses were approximately $12.51M in order to qualify for the PPP loan amount received.
Based on their reported 481 jobs retained, this equals an estimated average yearly compensation of $26,001 per employee1.
Business Information - Yeshiva Ktana Of Passaic in Passaic, NJ
1 Main Ave
Passaic, NJ 7055
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-09
Similar Companies near Passaic
In the Passaic area, 7 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 82 employees (compared to this company's 481) and received an average PPP loan of $507,742 (compared to this company's $2.61M).
Similar Nearby Businesses Who Received PPP Funding:
Noble Leadership Academy A NJ Nonprofit Corporation
Bais Yaakov Machon Ora
Church Of The Holy Trinity
St Elizabeth Nursery And Montessori School Inc
Industry PPP Comparison Statistics
Nationwide, 15,362 businesses in the "Elementary and Secondary Schools" industry received a total of $5,824,752,723.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 92% lower than Yeshiva Ktana Of Passaic's reported 481 employees, and received an average PPP loan of $379,166, 85% lower than this company's loan of $2.61M.
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