PPP Loan Data — Stairways Behavioral Health, Erie, PA
Stairways Behavioral Health
Entity: Non-profit Organization
Location: Erie, PATweet This • Search All PPP Data
Stairways Behavioral Health is a non-profit organization located at 2185 West 8th St in Erie, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,149,800.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST NATIONAL BANK OF PENNSYLVANIA
Stairways Behavioral Health in Erie, PA received a Paycheck Protection Loan of $3.15M through FIRST NATIONAL BANK OF PENNSYLVANIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Stairways Behavioral Health's total 2019 payroll expenses were approximately $15.12M in order to qualify for the PPP loan amount received.
Based on their reported 267 jobs retained, this equals an estimated average yearly compensation of $56,626 per employee1.
Business Information - Stairways Behavioral Health in Erie, PA
2185 West 8th St
Erie, PA 16505
Outpatient Mental Health and Substance Abuse Centers (NAICS code 621420)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-16
Similar Companies near Erie
In the Erie area, 2 businesses in the "Outpatient Mental Health and Substance Abuse Centers" industry received a PPP loan. These local businesses reported an average of 134 employees (compared to this company's 267) and received an average PPP loan of $1,580,500 (compared to this company's $3.15M).
Similar Nearby Businesses Who Received PPP Funding:
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, 91% lower than Stairways Behavioral Health's reported 267 employees, and received an average PPP loan of $244,297, 92% lower than this company's loan of $3.15M.
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