PPP Loan Data — Blackstone Valley Community Health Care, Inc., Pawtucket, RI
Blackstone Valley Community Health Care, Inc. is a non-profit organization located at 39 East Ave in Pawtucket, Rhode Island that received a Coronavirus-related PPP loan from the SBA of $2,724,670.00 in April, 2020.
The company has reported itself as a White male owned non-profit, and employed at least 186 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE WASHINGTON TRUST COMPANY OF WESTERLY
Blackstone Valley Community Health Care, Inc. received a Paycheck Protection Loan of $2.72M through THE WASHINGTON TRUST COMPANY OF WESTERLY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Blackstone Valley Community Health Care, Inc.'s total 2019 payroll expenses were approximately $13.08M in order to qualify for the PPP loan amount received.
Based on their reported 186 jobs retained, this equals an estimated average yearly compensation of $70,314 per employee1.
Business Information - Blackstone Valley Community Health Care, Inc. in Pawtucket, RI
39 East Ave
Pawtucket, RI 2860
Offices of Physicians, Mental Health Specialists (NAICS code 621112)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: RI-01
Similar Companies near Pawtucket
In the Pawtucket area, 4 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a PPP loan. These local businesses reported an average of 47 employees (compared to this company's 186) and received an average PPP loan of $697,893 (compared to this company's $2.72M).
Similar Nearby Businesses Who Received PPP Funding:
Steven G Mccloy
Integrated Psychological Services LLC
Primary Care Medical Associates Inc
Industry PPP Comparison Statistics
Nationwide, 13,272 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a total of $1,260,960,972.00 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 8 employees, 96% lower than Blackstone Valley Community Health Care, Inc.'s reported 186 employees, and received an average PPP loan of $95,009, 97% lower than this company's loan of $2.72M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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