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PPP Loan Data — Children's Center For Treatment And Education,
Bradford, PA
Children's Center For Treatment And Education
Entity: Non-profit Organization
Industry: Residential Mental Health and Substance Abuse Facilities
Location: Bradford, PA
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Children's Center For Treatment And Education is a non-profit organization located at 800 East Main St. in Bradford, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,815,798.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
361Loan Approved:
2020-04-09Lender:
CNB BANKChildren's Center For Treatment And Education received a Paycheck Protection Loan of $2.82M through CNB BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Children's Center For Treatment And Education's total 2019 payroll expenses were approximately $13.52M in order to qualify for the PPP loan amount received.
Based on their reported 361 jobs retained, this equals an estimated average yearly compensation of $37,440 per employee1.
Business Information - Children's Center For Treatment And Education in Bradford, PA
800 East Main St.
Bradford, PA 16701
Business Industry
Residential Mental Health and Substance Abuse Facilities (NAICS code 623220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-15Similar Companies near Bradford
In the Bradford area, 3 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a PPP loan. These local businesses reported an average of 201 employees (compared to this company's 361) and received an average PPP loan of $1,558,865 (compared to this company's $2.82M).
Similar Nearby Businesses Who Received PPP Funding:
Ramsbottom Center, Inc.
Bradford, PA
Children's Home Of Bradford
Bradford, PA
Industry PPP Comparison Statistics
Nationwide, 2,121 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a total of $773,399,773.00 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 38 employees, 89% lower than Children's Center For Treatment And Education's reported 361 employees, and received an average PPP loan of $364,639, 87% lower than this company's loan of $2.82M.
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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