PPP Loan Data — Lowell Community Health Center, Lowell, MA
Lowell Community Health Center is a non-profit organization located at 161 Jackston St in Lowell, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $5,810,725.00 in April, 2020.
$ PPP Loan Information
Lowell Community Health Center in Lowell, MA received a Paycheck Protection Loan of $5.81M through EASTERN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lowell Community Health Center's total 2019 payroll expenses were approximately $27.89M in order to qualify for the PPP loan amount received.
Based on their reported 414 jobs retained, this equals an estimated average yearly compensation of $67,371 per employee1.
Business Information - Lowell Community Health Center in Lowell, MA
161 Jackston St
Lowell, MA 01852
All Other Outpatient Care Centers (NAICS code 621498)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-03
Industry PPP Comparison Statistics
Nationwide, 5,588 businesses in the "All Other Outpatient Care Centers" industry received a total of $1,142,796,792.00 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 17 employees, 96% lower than Lowell Community Health Center's reported 414 employees, and received an average PPP loan of $204,509, 96% lower than this company's loan of $5.81M.
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Footnotes & Information
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