PPP Loan Data — Directions For Mental Health Inc, Clearwater, FL
Directions For Mental Health Inc is a corporation located at 1437 S. Belcher Road in Clearwater, Florida that received a Coronavirus-related PPP loan from the SBA of $3,582,143.00 in April, 2020.
$ PPP Loan Information
Lender:VALLEY NATIONAL BANK
Directions For Mental Health Inc received a Paycheck Protection Loan of $3.58M through VALLEY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Directions For Mental Health Inc's total 2019 payroll expenses were approximately $17.19M in order to qualify for the PPP loan amount received.
Based on their reported 216 jobs retained, this equals an estimated average yearly compensation of $79,603 per employee1.
Business Information - Directions For Mental Health Inc in Clearwater, FL
1437 S. Belcher Road
Clearwater, FL 33764
Administration of Public Health Programs (NAICS code 923120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-13
Industry PPP Comparison Statistics
Nationwide, 494 businesses in the "Administration of Public Health Programs" industry received a total of $124,700,995.00 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, 89% lower than Directions For Mental Health Inc's reported 216 employees, and received an average PPP loan of $252,431, 93% lower than this company's loan of $3.58M.
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Footnotes & Information
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