PPP Loan Data — Northern Pines Mental Health Center, Inc, Little Falls, MN
Northern Pines Mental Health Center, Inc
Entity: Non-profit Organization
Location: Little Falls, MNTweet This • Search All PPP Data
Northern Pines Mental Health Center, Inc is a non-profit organization located at 1906 5th Ave Se in Little Falls, Minnesota that received a Coronavirus-related PPP loan from the SBA of $2,719,800.00 in April, 2020.
$ PPP Loan Information
Lender:BREMER BANK, NATIONAL ASSOCIATION
Northern Pines Mental Health Center, Inc in Little Falls, MN received a Paycheck Protection Loan of $2.72M through BREMER BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Northern Pines Mental Health Center, Inc's total 2019 payroll expenses were approximately $13.06M in order to qualify for the PPP loan amount received.
Based on their reported 279 jobs retained, this equals an estimated average yearly compensation of $46,792 per employee1.
Business Information - Northern Pines Mental Health Center, Inc in Little Falls, MN
1906 5th Ave Se
Little Falls, MN 56345
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-08
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, 91% lower than Northern Pines Mental Health Center, Inc's reported 279 employees, and received an average PPP loan of $244,297, 91% lower than this company's loan of $2.72M.
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