PPP Loan Data — Northland Counseling Center In., Grand Rapids, MN
Northland Counseling Center In.
Entity: Non-profit Organization
Location: Grand Rapids, MNTweet This • Search All PPP Data
Northland Counseling Center In. is a non-profit organization located at 215 Se 2nd Ave in Grand Rapids, Minnesota that received a Coronavirus-related PPP loan from the SBA of $2,648,300.00 in April, 2020.
$ PPP Loan Information
Lender:AMERICAN BANK OF THE NORTH
Northland Counseling Center In. received a Paycheck Protection Loan of $2.65M through AMERICAN BANK OF THE NORTH, which was approved in April, 2020.
Based on standard PPP eligibility rules, Northland Counseling Center In.'s total 2019 payroll expenses were approximately $12.71M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $50,847 per employee1.
Business Information - Northland Counseling Center In. in Grand Rapids, MN
215 Se 2nd Ave
Grand Rapids, MN 55744
Residential Mental Health and Substance Abuse Facilities (NAICS code 623220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-08
Similar Companies near Grand Rapids
In the Grand Rapids area, 2 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a PPP loan. These local businesses reported an average of 143 employees (compared to this company's 250) and received an average PPP loan of $1,455,000 (compared to this company's $2.65M).
Similar Nearby Businesses Who Received PPP Funding:
Hope House Of Itasca County, Inc
Grand Rapids, MN
Industry PPP Comparison Statistics
Nationwide, 2,121 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a total of $773,399,773.00 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 38 employees, 85% lower than Northland Counseling Center In.'s reported 250 employees, and received an average PPP loan of $364,639, 86% lower than this company's loan of $2.65M.
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