PPP Loan Data — San Fernando Valley Community Mental Health Center, Incorpor, Van Nuys, CA
San Fernando Valley Community Mental Health Center, Incorpor
Entity: Non-profit Organization
Location: Van Nuys, CATweet This • Search All PPP Data
San Fernando Valley Community Mental Health Center, Incorpor is a non-profit organization located at 16360 Roscoe Blvd Ste #200 in Van Nuys, California that received a Coronavirus-related PPP loan from the SBA of $5,441,057.00 in April, 2020.
$ PPP Loan Information
Lender:MUFG UNION BANK, NATIONAL ASSOCIATION
San Fernando Valley Community Mental Health Center, Incorpor received a Paycheck Protection Loan of $5.44M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, San Fernando Valley Community Mental Health Center, Incorpor's total 2019 payroll expenses were approximately $26.12M in order to qualify for the PPP loan amount received.
Based on their reported 430 jobs retained, this equals an estimated average yearly compensation of $60,737 per employee1.
Business Information - San Fernando Valley Community Mental Health Center, Incorpor in Van Nuys, CA
16360 Roscoe Blvd Ste #200
Van Nuys, CA 91406
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-30
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, 94% lower than San Fernando Valley Community Mental Health Center, Incorpor's reported 430 employees, and received an average PPP loan of $244,297, 96% lower than this company's loan of $5.44M.
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.
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.
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