PPP Loan Data — Generations Family Health Center, Inc., Willimantic, CT
Generations Family Health Center, Inc.
Entity: Non-profit Organization
Location: Willimantic, CTTweet This • Search All PPP Data
Generations Family Health Center, Inc. is a non-profit organization located at 40 Mansfield Ave in Willimantic, Connecticut that received a Coronavirus-related PPP loan from the SBA of $3,025,900.00 in April, 2020.
$ PPP Loan Information
Generations Family Health Center, Inc. received a Paycheck Protection Loan of $3.03M through BERKSHIRE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Generations Family Health Center, Inc.'s total 2019 payroll expenses were approximately $14.52M in order to qualify for the PPP loan amount received.
Based on their reported 207 jobs retained, this equals an estimated average yearly compensation of $70,166 per employee1.
Business Information - Generations Family Health Center, Inc. in Willimantic, CT
40 Mansfield Ave
Willimantic, CT 6226
Offices of All Other Miscellaneous Health Practitioners (NAICS code 621399)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-02
Similar Companies near Willimantic
In the Willimantic area, 2 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 104 employees (compared to this company's 207) and received an average PPP loan of $1,515,685 (compared to this company's $3.03M).
Similar Nearby Businesses Who Received PPP Funding:
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Industry PPP Comparison Statistics
Nationwide, 30,902 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $1,607,882,026.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Generations Family Health Center, Inc.'s reported 207 employees, and received an average PPP loan of $52,032, 98% lower than this company's loan of $3.03M.
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