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PPP Loan Data — New Horizons Of The Treasure Coast, Inc., Fort Pierce, FL

SBA PPP loan data, payroll data, and salaries for New Horizons Of The Treasure Coast, Inc.
FL Nonprofit Organization

New Horizons Of The Treasure Coast, Inc.

Entity: Non-profit Organization

Industry: Offices of Physicians, Mental Health Specialists

Location: Fort Pierce, FL

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New Horizons Of The Treasure Coast, Inc. is a non-profit organization located at 4500 W Midway Rd in Fort Pierce, Florida that received a Coronavirus-related PPP loan from the SBA of $2,900,000.00 in April, 2020.

The company has reported itself as a male owned non-profit, and employed at least 414 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




New Horizons Of The Treasure Coast, Inc. received a Paycheck Protection Loan of $2.9M through SOUTH STATE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, New Horizons Of The Treasure Coast, Inc.'s total 2019 payroll expenses were approximately $13.92M 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 $33,623 per employee1.

Because the loan received by New Horizons Of The Treasure Coast, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - New Horizons Of The Treasure Coast, Inc. in Fort Pierce, FL

New Horizons Of The Treasure Coast, Inc.
4500 W Midway Rd
Fort Pierce, FL 34981

Business Industry

Offices of Physicians, Mental Health Specialists (NAICS code 621112)

Business Owner Demographics

Race / Ethnicity: Unreported


Veteran Status: Unreported

Congressional District: FL-18

Industry PPP Comparison Statistics

Nationwide, 13,272 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a total of $1,260,960,972.00 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 8 employees, 98% lower than New Horizons Of The Treasure Coast, Inc.'s reported 414 employees, and received an average PPP loan of $95,009, 97% lower than this company's loan of $2.9M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

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** This Document Provided By - The Civil Employee's Resource **