PPP Loan Data — Mental Health America Of Los Angeles, Long Beach, CA
Mental Health America Of Los Angeles
Entity: Non-profit Organization
Location: Long Beach, CATweet This • Search All PPP Data
Mental Health America Of Los Angeles is a non-profit organization located at 200 Pine Ave Ste 400 in Long Beach, California that received a Coronavirus-related PPP loan from the SBA of $4,574,781.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:FARMERS & MERCHANTS BANK OF LONG BEACH
Mental Health America Of Los Angeles in Long Beach, CA received a Paycheck Protection Loan of $4.57M through FARMERS & MERCHANTS BANK OF LONG BEACH, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mental Health America Of Los Angeles' total 2019 payroll expenses were approximately $21.96M in order to qualify for the PPP loan amount received.
Unlike most businesses, Mental Health America Of Los Angeles' 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 - Mental Health America Of Los Angeles in Long Beach, CA
200 Pine Ave Ste 400
Long Beach, CA 90802
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-47
Similar Companies near Long Beach
In the Long Beach area, 3 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a PPP loan. These local businesses reported an average of 0 employees (compared to this company's 0) and received an average PPP loan of $1,533,322 (compared to this company's $4.57M).
Similar Nearby Businesses Who Received PPP Funding:
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Whole Person Therapy
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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, 95% lower than this company's loan of $4.57M.
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