PPP Loan Data — Children's Center For Treatment And Education, Bradford, PA
Children's Center For Treatment And Education
Entity: Non-profit Organization
Location: Bradford, PATweet This • Search All PPP Data
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
Children'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
Residential Mental Health and Substance Abuse Facilities (NAICS code 623220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-15
Similar 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.
Children's Home Of Bradford
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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