PPP Loan Data — Pathways Inc., Ashland, KY
Entity: Non-profit Organization
Location: Ashland, KYTweet This • Search All PPP Data
Pathways Inc. is a non-profit organization located at 1212 Bath Ave in Ashland, Kentucky that received a Coronavirus-related PPP loan from the SBA of $4,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:CITY NATIONAL BANK OF WEST VIRGINIA
Pathways Inc. received a Paycheck Protection Loan of $4M through CITY NATIONAL BANK OF WEST VIRGINIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pathways Inc.'s total 2019 payroll expenses were approximately $19.2M in order to qualify for the PPP loan amount received.
Based on their reported 497 jobs retained, this equals an estimated average yearly compensation of $38,632 per employee1.
Business Information - Pathways Inc. in Ashland, KY
1212 Bath Ave
Ashland, KY 41101
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KY-04
Similar Companies near Ashland
In the Ashland area, 2 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a PPP loan. These local businesses reported an average of 252 employees (compared to this company's 497) and received an average PPP loan of $2,004,450 (compared to this company's $4M).
Similar Nearby Businesses Who Received PPP Funding:
Supportive Med LLC
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, 95% lower than Pathways Inc.'s reported 497 employees, and received an average PPP loan of $244,297, 94% lower than this company's loan of $4M.
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