PPP Loan Data — Recovery Network Of Programs, Inc., Shelton, CT
Recovery Network Of Programs, Inc. is a non-profit organization located at 2 Trap Falls in Shelton, Connecticut that received a Coronavirus-related PPP loan from the SBA of $3,089,500.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
Recovery Network Of Programs, Inc. received a Paycheck Protection Loan of $3.09M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Recovery Network Of Programs, Inc.'s total 2019 payroll expenses were approximately $14.83M in order to qualify for the PPP loan amount received.
Unlike most businesses, Recovery Network Of Programs, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Recovery Network Of Programs, Inc. in Shelton, CT
2 Trap Falls
Shelton, CT 6484
Other Individual and Family Services (NAICS code 624190)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-04
Similar Companies near Shelton
In the Shelton area, 3 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 0) and received an average PPP loan of $1,093,330 (compared to this company's $3.09M).
Similar Nearby Businesses Who Received PPP Funding:
Rimmon Pond Counseling LLC
The Christian Counseling And-Sba Small 7A Term
Industry PPP Comparison Statistics
Nationwide, 15,794 businesses in the "Other Individual and Family Services" industry received a total of $2,302,146,944.00 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 17 employees, and received an average PPP loan of $145,761, 95% lower than this company's loan of $3.09M.
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Footnotes & Information
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