PPP Loan Data — Bhcare, Inc., North Haven, CT
Bhcare, Inc. is a non-profit organization located at 127 Washington Ave. 3rd Floor West in North Haven, Connecticut that received a Coronavirus-related PPP loan from the SBA of $2,998,937.00 in April, 2020.
$ PPP Loan Information
Lender:THE GUILFORD SAVINGS BANK
Bhcare, Inc. in North Haven, CT received a Paycheck Protection Loan of $3M through THE GUILFORD SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bhcare, Inc.'s total 2019 payroll expenses were approximately $14.39M in order to qualify for the PPP loan amount received.
Based on their reported 264 jobs retained, this equals an estimated average yearly compensation of $54,526 per employee1.
Business Information - Bhcare, Inc. in North Haven, CT
127 Washington Ave. 3rd Floor West
North Haven, CT 6473
Other Individual and Family Services (NAICS code 624190)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-03
Similar Companies near North Haven
In the North Haven area, 2 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 150 employees (compared to this company's 264) and received an average PPP loan of $1,686,070 (compared to this company's $3M).
Similar Nearby Businesses Who Received PPP Funding:
Lower Naugatuck Valley Parent-Child Resource Center, Inc.
North Haven, CT
Industry PPP Comparison Statistics
Nationwide, 15,794 businesses in the "Other Individual and Family Services" industry received a total of $2,302,146,944.00 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 17 employees, 94% lower than Bhcare, Inc.'s reported 264 employees, and received an average PPP loan of $145,761, 95% lower than this company's loan of $3M.
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Footnotes & Information
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