PPP Loan Data — Independent Living Association, Inc., Brooklyn, NY
Independent Living Association, Inc.
Entity: Non-profit Organization
Location: Brooklyn, NYTweet This • Search All PPP Data
Independent Living Association, Inc. is a non-profit organization located at 110 York Street in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $7,597,542.00 in April, 2020.
$ PPP Loan Information
Lender:VALLEY NATIONAL BANK
Independent Living Association, Inc. in Brooklyn, NY received a Paycheck Protection Loan of $7.6M through VALLEY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Independent Living Association, Inc.'s total 2019 payroll expenses were approximately $36.47M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $72,936 per employee1.
Business Information - Independent Living Association, Inc. in Brooklyn, NY
110 York Street
Brooklyn, NY 11201
Residential Intellectual and Developmental Disability Facilities (NAICS code 623210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-07
Industry PPP Comparison Statistics
Nationwide, 1,775 businesses in the "Residential Intellectual and Developmental Disability Facilities" industry received a total of $836,841,517.00 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 61 employees, 88% lower than Independent Living Association, Inc.'s reported 500 employees, and received an average PPP loan of $471,460, 94% lower than this company's loan of $7.6M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!