PPP Loan Data — Mark Twain Association For Mental Health Inc, Hannibal, MO
Mark Twain Association For Mental Health Inc
Entity: Non-profit Organization
Location: Hannibal, MOTweet This • Search All PPP Data
Mark Twain Association For Mental Health Inc is a non-profit organization located at 154 Forrest Dr in Hannibal, Missouri that received a Coronavirus-related PPP loan from the SBA of $1,636,585.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:HNB National Bank
Mark Twain Association For Mental Health Inc in Hannibal, MO received a Paycheck Protection Loan of $1.64M through HNB National Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.
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, Mark Twain Association For Mental Health Inc's 2019 payroll expenses are estimated to be at least $7.86M.
Based on their reported 149 jobs retained, this equals an estimated average yearly compensation of $52,722 per employee1
Reported PPP Proceed Usage:
On the PPP application, Mark Twain Association For Mental Health Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,636,585
Business Information - Mark Twain Association For Mental Health Inc in Hannibal, MO
154 Forrest Dr
Hannibal, MO 63401
Outpatient Mental Health and Substance Abuse Centers
NAICS code 621420
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 11,274 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a total of $1.83B 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 18 employees, 88% lower than Mark Twain Association For Mental Health Inc's reported 149 employees, and received an average PPP loan of $162,367, 90% lower than this company's loan of $1.64M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!