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PPP Loan Data — Southwest Community Health Center, Inc.,
Bridgeport, CT
Southwest Community Health Center, Inc.
Entity: Non-profit Organization
Industry: Home Health Care Services
Location: Bridgeport, CT
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Southwest Community Health Center, Inc. is a non-profit organization located at 46 Albion Street in Bridgeport, Connecticut that received a Coronavirus-related PPP loan from the SBA of $3,291,875.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
269Loan Approved:
2020-04-15Lender:
MANUFACTURERS AND TRADERS TRUST COMPANYSouthwest Community Health Center, Inc. in Bridgeport, CT received a Paycheck Protection Loan of $3.29M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Southwest Community Health Center, Inc.'s total 2019 payroll expenses were approximately $15.8M in order to qualify for the PPP loan amount received.
Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $58,740 per employee1.
Business Information - Southwest Community Health Center, Inc. in Bridgeport, CT
46 Albion Street
Bridgeport, CT 06605
Business Industry
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CT-04Similar Companies near Bridgeport
In the Bridgeport area, 6 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 93 employees (compared to this company's 269) and received an average PPP loan of $643,225 (compared to this company's $3.29M).
Similar Nearby Businesses Who Received PPP Funding:
White Rose Home Healthcare Agency LLC
Bridgeport, CT
Sweet Homecare LLC
Bridgeport, CT
Authentic Health Care LLC
Bridgeport, CT
Brian D Huda, DMD
Bridgeport, CT
Princess Home Care LLC
Bridgeport, CT
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 34 employees, 87% lower than Southwest Community Health Center, Inc.'s reported 269 employees, and received an average PPP loan of $212,236, 94% lower than this company's loan of $3.29M.
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, 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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