PPP Loan Data — The Lakes Community Health Center Inc., Iron River, WI
The Lakes Community Health Center Inc.
Entity: Non-profit Organization
Location: Iron River, WITweet This • Search All PPP Data
The Lakes Community Health Center Inc. is a non-profit organization located at 7665 Us Hwy 2 in Iron River, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $4,763,750.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CHIPPEWA VALLEY BANK
The Lakes Community Health Center Inc. received a Paycheck Protection Loan of $4.76M through CHIPPEWA VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Lakes Community Health Center Inc.'s total 2019 payroll expenses were approximately $22.87M in order to qualify for the PPP loan amount received.
Unlike most businesses, The Lakes Community Health Center Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - The Lakes Community Health Center Inc. in Iron River, WI
7665 Us Hwy 2
Iron River, WI 54847
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WI-07
Industry PPP Comparison Statistics
Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.76M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!