PPP Loan Data — Intercommunity, Inc., East Hartford, CT
Location: East Hartford, CTTweet This • Search All PPP Data
Intercommunity, Inc. is a corporation located at 111 Founders Plz in East Hartford, Connecticut that received a Coronavirus-related PPP loan from the SBA of $4,013,985.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Intercommunity, Inc. received a Paycheck Protection Loan of $4.01M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Intercommunity, Inc.'s total 2019 payroll expenses were approximately $19.27M in order to qualify for the PPP loan amount received.
Based on their reported 292 jobs retained, this equals an estimated average yearly compensation of $65,983 per employee1.
Business Information - Intercommunity, Inc. in East Hartford, CT
111 Founders Plz
East Hartford, CT 6108
Services for the Elderly and Persons with Disabilities (NAICS code 624120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-01
Similar Companies near East Hartford
In the East Hartford area, 2 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 147 employees (compared to this company's 292) and received an average PPP loan of $2,011,383 (compared to this company's $4.01M).
Similar Nearby Businesses Who Received PPP Funding:
Seniors Job Bank, Inc
West Hartford, CT
Industry PPP Comparison Statistics
Nationwide, 7,046 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $1,535,554,395.00 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 32 employees, 89% lower than Intercommunity, Inc.'s reported 292 employees, and received an average PPP loan of $217,933, 95% lower than this company's loan of $4.01M.
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