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PPP Loan Data — Enki Health & Research Systems, Inc., Burbank, CA

SBA PPP loan data, payroll data, and salaries for Enki Health & Research Systems, Inc.
CA Nonprofit Organization

Enki Health & Research Systems, Inc.

Entity: Non-profit Organization

Industry: Outpatient Mental Health and Substance Abuse Centers

Location: Burbank, CA

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Enki Health & Research Systems, Inc. is a non-profit organization located at 150 E. Olive Avenue in Burbank, California that received a Coronavirus-related PPP loan from the SBA of $4,314,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.31M

Jobs Retained:

351

Loan Approved:

2020-04-28

Lender:

SONABANK

Enki Health & Research Systems, Inc. in Burbank, CA received a Paycheck Protection Loan of $4.31M through SONABANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Enki Health & Research Systems, Inc.'s total 2019 payroll expenses were approximately $20.71M in order to qualify for the PPP loan amount received.

Based on their reported 351 jobs retained, this equals an estimated average yearly compensation of $59,003 per employee1.

Because the loan received by Enki Health & Research Systems, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Enki Health & Research Systems, Inc. in Burbank, CA

Enki Health & Research Systems, Inc.
150 E. Olive Avenue
Burbank, CA 91502

Business Industry

Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-28

Similar Companies near Burbank

In the Burbank area, 2 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a PPP loan. These local businesses reported an average of 201 employees (compared to this company's 351) and received an average PPP loan of $2,209,896 (compared to this company's $4.31M).

Similar Nearby Businesses Who Received PPP Funding:

Promise Aba,LLC
Burbank, CA

$105,192 PPP Loan

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, 93% lower than Enki Health & Research Systems, Inc.'s reported 351 employees, and received an average PPP loan of $244,297, 94% lower than this company's loan of $4.31M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/enki-health-and-research-systems-inc-burbank-ca