PPP Loan Data — Sacred Heart Rehabilitation Center, Inc, Richmond, MI
Sacred Heart Rehabilitation Center, Inc
Entity: Non-profit Organization
Location: Richmond, MITweet This • Search All PPP Data
Sacred Heart Rehabilitation Center, Inc is a non-profit organization located at 400 Stoddard Rd in Richmond, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,438,300.00 in April, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
Sacred Heart Rehabilitation Center, Inc received a Paycheck Protection Loan of $2.44M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sacred Heart Rehabilitation Center, Inc's total 2019 payroll expenses were approximately $11.7M in order to qualify for the PPP loan amount received.
Based on their reported 294 jobs retained, this equals an estimated average yearly compensation of $39,809 per employee1.
Business Information - Sacred Heart Rehabilitation Center, Inc in Richmond, MI
400 Stoddard Rd
Richmond, MI 48062
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-10
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, 92% lower than Sacred Heart Rehabilitation Center, Inc's reported 294 employees, and received an average PPP loan of $244,297, 90% lower than this company's loan of $2.44M.
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