PPP Loan Data — Resthaven, Holland, MI
Resthaven is a non-profit organization located at 948 Washington Ave in Holland, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,490,100.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Resthaven in Holland, MI received a Paycheck Protection Loan of $2.49M through MACATAWA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Resthaven's total 2019 payroll expenses were approximately $11.95M in order to qualify for the PPP loan amount received.
Unlike most businesses, Resthaven'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 - Resthaven in Holland, MI
948 Washington Ave
Holland, MI 49423
Continuing Care Retirement Communities (NAICS code 623311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-06
Industry PPP Comparison Statistics
Nationwide, 2,172 businesses in the "Continuing Care Retirement Communities" industry received a total of $1,251,764,538.00 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 69 employees, and received an average PPP loan of $576,319, 77% lower than this company's loan of $2.49M.
FederalPay's PPP Information Policy
Footnotes & Information
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