PPP Loan Data — Southwestern Behavioral Healthcare, Evansville, IN
Southwestern Behavioral Healthcare
Entity: Non-profit Organization
Location: Evansville, INTweet This • Search All PPP Data
Southwestern Behavioral Healthcare is a non-profit organization located at 415 Mulberry St in Evansville, Indiana that received a Coronavirus-related PPP loan from the SBA of $2,565,700.00 in April, 2020.
$ PPP Loan Information
Lender:GERMAN AMERICAN BANK
Southwestern Behavioral Healthcare received a Paycheck Protection Loan of $2.57M through GERMAN AMERICAN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Southwestern Behavioral Healthcare's total 2019 payroll expenses were approximately $12.32M in order to qualify for the PPP loan amount received.
Based on their reported 223 jobs retained, this equals an estimated average yearly compensation of $55,226 per employee1.
Business Information - Southwestern Behavioral Healthcare in Evansville, IN
415 Mulberry St
Evansville, IN 47713
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-08
Similar Companies near Evansville
In the Evansville area, 3 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a PPP loan. These local businesses reported an average of 98 employees (compared to this company's 223) and received an average PPP loan of $1,128,245 (compared to this company's $2.57M).
Similar Nearby Businesses Who Received PPP Funding:
Counseling For Change, Inc.
Southwestern Healthcare Inc
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, 89% lower than Southwestern Behavioral Healthcare's reported 223 employees, and received an average PPP loan of $244,297, 90% lower than this company's loan of $2.57M.
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