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PPP Loan Data — Criterion Child Enrichment, Inc.,
Milford, MA
Criterion Child Enrichment, Inc.
Entity: Non-profit Organization
Industry: Services for the Elderly and Persons with Disabilities
Location: Milford, MA
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Criterion Child Enrichment, Inc. is a non-profit organization located at 300 East Main St in Milford, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,872,710.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
400Loan Approved:
2020-04-12Lender:
TD BANK, NATIONAL ASSOCIATIONCriterion Child Enrichment, Inc. received a Paycheck Protection Loan of $2.87M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Criterion Child Enrichment, Inc.'s total 2019 payroll expenses were approximately $13.79M in order to qualify for the PPP loan amount received.
Based on their reported 400 jobs retained, this equals an estimated average yearly compensation of $34,473 per employee1.
Business Information - Criterion Child Enrichment, Inc. in Milford, MA
300 East Main St
Milford, MA 1757
Business Industry
Services for the Elderly and Persons with Disabilities (NAICS code 624120)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MA-04Similar Companies near Milford
In the Milford area, 3 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 139 employees (compared to this company's 400) and received an average PPP loan of $1,016,143 (compared to this company's $2.87M).
Similar Nearby Businesses Who Received PPP Funding:
S&K Care Group LLC
Milford, MA
Cheshire Adult Day Care, Inc.
Milford, MA
Industry PPP Comparison Statistics
Nationwide, 7,046 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $1,535,554,395.00 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 32 employees, 92% lower than Criterion Child Enrichment, Inc.'s reported 400 employees, and received an average PPP loan of $217,933, 92% lower than this company's loan of $2.87M.
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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