PPP Loan Data — The Menninger Clinic, Houston, TX
The Menninger Clinic is a corporation located at 12301 Main St in Houston, Texas that received a Coronavirus-related PPP loan from the SBA of $5,499,822.00 in April, 2020.
$ PPP Loan Information
The Menninger Clinic received a Paycheck Protection Loan of $5.5M through BBVA USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Menninger Clinic's total 2019 payroll expenses were approximately $26.4M in order to qualify for the PPP loan amount received.
Based on their reported 453 jobs retained, this equals an estimated average yearly compensation of $58,276 per employee1.
Business Information - The Menninger Clinic in Houston, TX
12301 Main St
Houston, TX 77035
Psychiatric and Substance Abuse Hospitals (NAICS code 622210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-09
Industry PPP Comparison Statistics
Nationwide, 767 businesses in the "Psychiatric and Substance Abuse Hospitals" industry received a total of $269,257,685.00 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 34 employees, 92% lower than The Menninger Clinic's reported 453 employees, and received an average PPP loan of $351,053, 94% lower than this company's loan of $5.5M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!