PPP Loan Data — The Kennedy Center, Inc., Trumbull, CT
The Kennedy Center, Inc.
Entity: Limited Liability Company (LLC)
Location: Trumbull, CTTweet This • Search All PPP Data
The Kennedy Center, Inc. is a limited liability company (LLC) located at 2440 Reservoir Ave in Trumbull, Connecticut that received a Coronavirus-related PPP loan from the SBA of $5,372,000.00 in April, 2020.
$ PPP Loan Information
Lender:UNION SAVINGS BANK
The Kennedy Center, Inc. received a Paycheck Protection Loan of $5.37M through UNION SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Kennedy Center, Inc.'s total 2019 payroll expenses were approximately $25.79M in order to qualify for the PPP loan amount received.
Based on their reported 459 jobs retained, this equals an estimated average yearly compensation of $56,178 per employee1.
Business Information - The Kennedy Center, Inc. in Trumbull, CT
2440 Reservoir Ave
Trumbull, CT 6611
Services for the Elderly and Persons with Disabilities (NAICS code 624120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-04
Similar Companies near Trumbull
In the Trumbull area, 2 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 230 employees (compared to this company's 459) and received an average PPP loan of $2,725,650 (compared to this company's $5.37M).
Similar Nearby Businesses Who Received PPP Funding:
P2 Partners, Inc.
Industry PPP Comparison Statistics
Nationwide, 7,046 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $1,535,554,395.00 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 32 employees, 93% lower than The Kennedy Center, Inc.'s reported 459 employees, and received an average PPP loan of $217,933, 96% lower than this company's loan of $5.37M.
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Footnotes & Information
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