PPP Loan Data — New Directions Youth And Family Serivces, Inc., Lockport, NY
New Directions Youth And Family Serivces, Inc. is a non-profit organization located at 6395 Old Niagara Rd in Lockport, New York that received a Coronavirus-related PPP loan from the SBA of $3,461,305.00 in April, 2020.
The company has reported itself as a male owned non-profit, and employed at least 415 people during the applicable loan loan period.
$ PPP Loan Information
New Directions Youth And Family Serivces, Inc. received a Paycheck Protection Loan of $3.46M through CNB BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, New Directions Youth And Family Serivces, Inc.'s total 2019 payroll expenses were approximately $16.61M in order to qualify for the PPP loan amount received.
Based on their reported 415 jobs retained, this equals an estimated average yearly compensation of $40,034 per employee1.
Business Information - New Directions Youth And Family Serivces, Inc. in Lockport, NY
6395 Old Niagara Rd
Lockport, NY 14094
Child and Youth Services (NAICS code 624110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: NY-27
Similar Companies near Lockport
In the Lockport area, 2 businesses in the "Child and Youth Services" industry received a PPP loan. These local businesses reported an average of 210 employees (compared to this company's 415) and received an average PPP loan of $1,736,530 (compared to this company's $3.46M).
Similar Nearby Businesses Who Received PPP Funding:
Lockport Crisis Pregnancy Center
Industry PPP Comparison Statistics
Nationwide, 6,712 businesses in the "Child and Youth Services" industry received a total of $1,286,022,505.00 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, 94% lower than New Directions Youth And Family Serivces, Inc.'s reported 415 employees, and received an average PPP loan of $191,600, 94% lower than this company's loan of $3.46M.
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Footnotes & Information
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