PPP Loan Data — Great Rivers Behavioral Health Organization LLC, Chehalis, WA
Great Rivers Behavioral Health Organization LLC is a limited liability company (LLC) located at 57 W Main St Ste 260 in Chehalis, Washington that received a Coronavirus-related PPP loan from the SBA of $1,572,300.00 in June, 2020.
The company has reported itself as a male owned business, and employed at least 92 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Great Rivers Behavioral Health Organization LLC in Chehalis, WA received a Paycheck Protection Loan of $1.57M through Umpqua Bank, which was approved in June, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Great Rivers Behavioral Health Organization LLC's 2019 payroll expenses are estimated to be at least $7.55M.
Based on their reported 92 jobs retained, this equals an estimated average yearly compensation of $82,033 per employee1
Reported PPP Proceed Usage:
On the PPP application, Great Rivers Behavioral Health Organization LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,572,300
Business Information - Great Rivers Behavioral Health Organization LLC in Chehalis, WA
57 W Main St Ste 260
Chehalis, WA 98532
Offices of Physicians, Mental Health Specialists
NAICS code 621112
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 21,049 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a total of $1.68B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 91% lower than Great Rivers Behavioral Health Organization LLC's reported 92 employees, and received an average PPP loan of $80,024, 95% lower than this company's loan of $1.57M.
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Footnotes & Information
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