PPP Loan Data — Integrated Behavioral Health, Inc, Irvine, CA
Integrated Behavioral Health, Inc
Location: Irvine, CATweet This • Search All PPP Data
Integrated Behavioral Health, Inc is a corporation located at 2 Park Plz Suite 1200 in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $2,302,210.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Loan Source Incorporated
Integrated Behavioral Health, Inc in Irvine, CA received a Paycheck Protection Loan of $2.3M through Loan Source Incorporated, which was approved in April, 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, Integrated Behavioral Health, Inc's 2019 payroll expenses are estimated to be at least $11.05M.
Based on their reported 142 jobs retained, this equals an estimated average yearly compensation of $77,821 per employee1
Reported PPP Proceed Usage:
On the PPP application, Integrated Behavioral Health, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,302,210
Business Information - Integrated Behavioral Health, Inc in Irvine, CA
2 Park Plz Suite 1200
Irvine, CA 92614
All Other Miscellaneous Ambulatory Health Care Services
NAICS code 621999
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Irvine
In the Irvine area, 4 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 142) and received an average PPP loan of $600,994 (compared to this company's $2.3M).
Similar Nearby Businesses Who Received PPP Funding:
Tim Shaw & Associates
American Corporate Health, LLC
Industry PPP Comparison Statistics
Nationwide, 18,626 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a total of $1.65B 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 12 employees, 92% lower than Integrated Behavioral Health, Inc's reported 142 employees, and received an average PPP loan of $88,620, 96% lower than this company's loan of $2.3M.
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