PPP Loan Data — PSA Behavioral Health Agency, Phoenix, AZ
PSA Behavioral Health Agency is a limited liability company (LLC) located at 2255 W Northern Ave in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,203,100.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:BOKF, National Association
PSA Behavioral Health Agency in Phoenix, AZ received a Paycheck Protection Loan of $2.2M through BOKF, National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, PSA Behavioral Health Agency's 2019 payroll expenses are estimated to be at least $10.57M.
Based on their reported 207 jobs retained, this equals an estimated average yearly compensation of $51,086 per employee1
Reported PPP Proceed Usage:
On the PPP application, PSA Behavioral Health Agency reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,203,100
Business Information - PSA Behavioral Health Agency in Phoenix, AZ
2255 W Northern Ave
Phoenix, AZ 85021
Offices of Physicians, Mental Health Specialists
NAICS code 621112
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Phoenix
In the Phoenix area, 9 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 207) and received an average PPP loan of $260,202 (compared to this company's $2.2M).
Similar Nearby Businesses Who Received PPP Funding:
3 Principles Intervention LLC
Valerie Fink Sierra
Bernardino Velasquez MD LLC
Alvin Goldansky , MD, PC
James S. Thal, PHD., PC
MD Homecare LLC
Industry PPP Comparison Statistics
Nationwide, 21,049 businesses in the "Offices of Physicians, Mental Health Specialists" industry received a total of $1.68B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 96% lower than PSA Behavioral Health Agency's reported 207 employees, and received an average PPP loan of $80,024, 96% lower than this company's loan of $2.2M.
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Footnotes & Information
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