PPP Loan Data — Stoddard Baptist Global Care, Inc, Washington, DC
Stoddard Baptist Global Care, Inc
Entity: Non-profit Organization
Location: Washington, DCTweet This • Search All PPP Data
Stoddard Baptist Global Care, Inc is a non-profit organization located at 2601 18th Street Northeast in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $3,245,900.00 in May, 2020.
$ PPP Loan Information
Stoddard Baptist Global Care, Inc received a Paycheck Protection Loan of $3.25M through NORTHEAST BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Stoddard Baptist Global Care, Inc's total 2019 payroll expenses were approximately $15.58M in order to qualify for the PPP loan amount received.
Based on their reported 402 jobs retained, this equals an estimated average yearly compensation of $38,757 per employee1.
Business Information - Stoddard Baptist Global Care, Inc in Washington, DC
2601 18th Street Northeast
Washington, DC 20018
Residential Mental Health and Substance Abuse Facilities (NAICS code 623220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: DC-
Similar Companies near Washington
In the Washington area, 2 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a PPP loan. These local businesses reported an average of 212 employees (compared to this company's 402) and received an average PPP loan of $1,671,240 (compared to this company's $3.25M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 2,121 businesses in the "Residential Mental Health and Substance Abuse Facilities" industry received a total of $773,399,773.00 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 38 employees, 91% lower than Stoddard Baptist Global Care, Inc's reported 402 employees, and received an average PPP loan of $364,639, 89% lower than this company's loan of $3.25M.
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Footnotes & Information
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