PPP Loan Data — Devens Treatment & Recovery Center, LLC, Devens, MA
Devens Treatment & Recovery Center, LLC is a limited liability company (LLC) located at 85 Patton Rd in Devens, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $3,607,100.00 in April, 2020.
$ PPP Loan Information
Lender:THE WASHINGTON TRUST COMPANY OF WESTERLY
Devens Treatment & Recovery Center, LLC received a Paycheck Protection Loan of $3.61M through THE WASHINGTON TRUST COMPANY OF WESTERLY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Devens Treatment & Recovery Center, LLC's total 2019 payroll expenses were approximately $17.31M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $86,570 per employee1.
Business Information - Devens Treatment & Recovery Center, LLC in Devens, MA
85 Patton Rd
Devens, MA 1434
Psychiatric and Substance Abuse Hospitals (NAICS code 622210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-03
Industry PPP Comparison Statistics
Nationwide, 767 businesses in the "Psychiatric and Substance Abuse Hospitals" industry received a total of $269,257,685.00 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 34 employees, 83% lower than Devens Treatment & Recovery Center, LLC's reported 200 employees, and received an average PPP loan of $351,053, 90% lower than this company's loan of $3.61M.
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Footnotes & Information
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