Was there any doubt camps would do everything possible to make it through this difficult time? According to data collected by JCamp 180 and the Foundation for Jewish Camp, camps are effectively figuring out how to tap into the federal Payroll Protection Program (PPP) in order to retain their staff and/or bring back their furloughed staff, and survive this crisis. Here are some highlights.
Note: The following data is based on the survey responses of 90% of eligible affiliated camps .
As of April 30:
- 99% of eligible camps affiliated with JCamp 180 have applied for SBA loans.
- 86% of camps that applied have been approved.
- 82% of camps that have been approved have received their funds.
- The median loan amount is $171,000.
This median loan amount is 41% higher than the median loan amount reported by JFNA based on the 418 responses to their SBA loan survey (as of April 27).
This data was reported just prior to the second round of funding being released to the PPP, so we anticipate that most if not all outstanding applications will be approved and funded.
Thank you to all of the US camps who found the time during this difficult period to respond to our SBA loan survey. The results were impressive.
And make sure to check our
government resources page, which we have been updating frequently:
**
Co-Written by Herschel Singer. Herschel is the Analytics Manager at JCamp 180. Herschel helps to bring meaning out of and tell better stories with data across the field of Jewish camp. He also directs JCamp 180’s Executive Dashboard Initiative (JEDI).
Co-Written by Aron Goldman. Aron is a Mentor with JCamp 180. Aron’s focus areas at JCamp 180 include camper enrollment, recruitment, and retention. He also directs our year-long Enrollment Program. Aron also has experience working as a consultant with grassroots, regional, national, and international organizations in the areas of capacity-building, strategy, and systemic change.
**
Who we are: JCamp 180 is a program of the Harold Grinspoon Foundation (HGF). Our goal is to significantly enhance the long-term effectiveness of nonprofit Jewish camps in North America. To meet this goal, we provide affiliated Jewish camps with consulting services, annual conferences, shared resources, professional development, and matching grant opportunities. Find more at www.jcamp180.org.