PPP Loan Data — The Arc Of Hunterdon County, Inc., Annandale, NJ
The Arc Of Hunterdon County, Inc. is a non-profit organization located at 1465 State Route 31 S. in Annandale, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,697,503.00 in April, 2020.
$ PPP Loan Information
The Arc Of Hunterdon County, Inc. received a Paycheck Protection Loan of $2.7M through UNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Arc Of Hunterdon County, Inc.'s total 2019 payroll expenses were approximately $12.95M in order to qualify for the PPP loan amount received.
Based on their reported 243 jobs retained, this equals an estimated average yearly compensation of $53,284 per employee1.
Business Information - The Arc Of Hunterdon County, Inc. in Annandale, NJ
1465 State Route 31 S.
Annandale, NJ 8801
Administration of Public Health Programs (NAICS code 923120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-07
Industry PPP Comparison Statistics
Nationwide, 494 businesses in the "Administration of Public Health Programs" industry received a total of $124,700,995.00 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, 90% lower than The Arc Of Hunterdon County, Inc.'s reported 243 employees, and received an average PPP loan of $252,431, 91% lower than this company's loan of $2.7M.
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Footnotes & Information
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