PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Peace River Center For Personal Development, Inc., Bartow, FL

SBA PPP loan data, payroll data, and salaries for Peace River Center For Personal Development, Inc.
FL

Peace River Center For Personal Development, Inc.

Entity: Corporation

Industry: Offices of Physicians, Mental Health Specialists

Location: Bartow, FL

Search All PPP Data

Peace River Center For Personal Development, Inc. is a corporation located at 1239 E Main Street in Bartow, Florida that received a Coronavirus-related PPP loan from the SBA of $3,655,580.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 351 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.66M

Jobs Retained:

351

Loan Approved:

2020-04-10

Lender:

BANK OF CENTRAL FLORIDA

Peace River Center For Personal Development, Inc. received a Paycheck Protection Loan of $3.66M through BANK OF CENTRAL FLORIDA, which was approved in April, 2020.

Based on standard PPP eligibility rules, Peace River Center For Personal Development, Inc.'s total 2019 payroll expenses were approximately $17.55M in order to qualify for the PPP loan amount received.

Based on their reported 351 jobs retained, this equals an estimated average yearly compensation of $49,991 per employee1.

Because the loan received by Peace River Center For Personal Development, 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 - Peace River Center For Personal Development, Inc. in Bartow, FL

Peace River Center For Personal Development, Inc.
1239 E Main Street
Bartow, FL 33830

Business Industry

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

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: FL-17

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 Peace River Center For Personal Development, Inc.'s reported 351 employees, and received an average PPP loan of $95,009, 97% lower than this company's loan of $3.66M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/peace-river-center-for-personal-development-inc-bartow-fl