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PPP Loan Data — Connections Health Solutions, LLC,
Phoenix, AZ
Connections Health Solutions, LLC
Entity: Limited Liability Company (LLC)
Industry: Outpatient Mental Health and Substance Abuse Centers
Location: Phoenix, AZ
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Connections Health Solutions, LLC is a limited liability company (LLC) located at 2394 E Camelback Rd Ste 200 in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $6,162,376.00 in April, 2020.
The company has reported itself as an American indian or alaska native male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-27Lender:
COMMERCE BANK OF ARIZONAConnections Health Solutions, LLC received a Paycheck Protection Loan of $6.16M through COMMERCE BANK OF ARIZONA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Connections Health Solutions, LLC's total 2019 payroll expenses were approximately $29.58M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $59,159 per employee1.
Business Information - Connections Health Solutions, LLC in Phoenix, AZ
2394 E Camelback Rd Ste 200
Phoenix, AZ 85016
Business Industry
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: AMERICAN INDIAN OR ALASKA NATIVE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: AZ-09Similar Companies near Phoenix
In the Phoenix area, 4 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a PPP loan. These local businesses reported an average of 135 employees (compared to this company's 500) and received an average PPP loan of $1,572,962 (compared to this company's $6.16M).
Similar Nearby Businesses Who Received PPP Funding:
Dynamic Living Counseling, Inc
Phoenix, AZ
Gender Identity Center LLC
Phoenix, AZ
Recovery RX LLC
Phoenix, AZ
Industry PPP Comparison Statistics
Nationwide, 5,494 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a total of $1,342,170,180.00 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 24 employees, 95% lower than Connections Health Solutions, LLC's reported 500 employees, and received an average PPP loan of $244,297, 96% lower than this company's loan of $6.16M.
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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