PPP Loan Data — Lincoln, Oakland, CA
Entity: Non-profit Organization
Location: Oakland, CATweet This • Search All PPP Data
Lincoln is a non-profit organization located at 1266 14th Street in Oakland, California that received a Coronavirus-related PPP loan from the SBA of $3,397,503.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WELLS FARGO BANK, NATIONAL ASSOCIATION
Lincoln received a Paycheck Protection Loan of $3.4M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Lincoln's total 2019 payroll expenses were approximately $16.31M in order to qualify for the PPP loan amount received.
Unlike most businesses, Lincoln's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Lincoln in Oakland, CA
1266 14th Street
Oakland, CA 94607
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-13
Similar Companies near Oakland
In the Oakland area, 3 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 0) and received an average PPP loan of $1,389,521 (compared to this company's $3.4M).
Similar Nearby Businesses Who Received PPP Funding:
Mental Health Association Of Alameda Co
Animate Consulting LLC
Industry PPP Comparison Statistics
Nationwide, 5,494 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a total of $1,342,170,180.00 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 24 employees, and received an average PPP loan of $244,297, 93% lower than this company's loan of $3.4M.
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